Is the Record Stock Buyback a Troubling Sign for Continued Economic Expansion?

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By Henry Ma, Julex Capital After nine years of bull market, it is not a surprise that stocks have become quite expensive. The Shiller PE, which compares companies’ share prices with their 10-year earnings average that is used to smooth the cyclical effect, is traded at 33, well above the historical average of 16. Trade wars, [...]

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