As Politicians Push For Buyback Ban, One Bank Asks Who Will Support the Market?

Many big companies have suspended their share buyback programs amid pressure from lawmakers and others. One firm argues that this is unwise because it has removed the only buyer at the time of a major market plunge. However, there are some good reasons to suspend buyback programs at a time like this.Q4 2019 hedge fund letters, conferences and moreThe relief rally is overCanaccord Genuity analysts Tony Dwyer and Michael Welch said in a report this week that the S&P 500has seen its worst quarterly performance since 2008 and the worst first-quarter performance ever. The first quarter even include…

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