Buybacks Of The ‘Highest Quality’ And More To Come (Says One Bank)

If you're looking for a relatively positive narrative to latch onto on a day when Caterpillar and Nvidia deep-sixed sentiment (in the process heightening market concerns about global growth and a decelerating Chinese economy), you can always lean on the old buybacks crutch. As you're hopefully aware, the corporate bid has been the largest source of demand for US equities for quite a while and according to JPMorgan's Dubravko Lakos-Bujas, the outlook for buybacks remains robust - to say the leas