Wall Street keeps roaring to new highs, however, most Americans are still on the sidelines. So what gives? Buybacks. Corporate buybacks are at an all-time high, which fuels gains in the markets and increased earnings at the same time. How does this work? Howard Silverblatt, the senior index analyst at S&P Dow Jones Indices explains it best, writing, "Companies are caught in the buyback mode – reduce them and EPS growth declines."
Apple has spent $45 billion over 12 months to support its #stock via buybacks. Information technology leads the pack on buybacks.
What does this mean to the average investor? Where's the best place to be if buybacks abate? Will earnings deflate on a stronger dollar? What's the hottest investment for 2015? The safest? The best hedge against a downturn?
All this and more in the show, Crystal Ball 2015!