In this episode of the Keiser Report, Max and Stacy discuss the surge in share buybacks as corporations turn their Trump tax break into more income for shareholders now, meaning less investment in the future of the actual company.
In the second half, I join Max for a discussion about the credit cycles and a recent Bloomberg opinion piece arguing that ‘capitalism is not working.’ We also discuss 50 million empty homes in China and the alleged shortage of jobs in the US.
I come on at about the 12:30 mark.
It's always a fun time doing these videos with Max and Stacy.
Mike "Mish" Shedlock