I just want to point out there are one or two other issues that may also screw things up, especially for financial markets, in addition to whether Britain slips its moorings and drifts away from Europe to somewhere lost in the mid-Atlantic.
As a few of you might have been told already a few times, today is the latest Brexit D-Day for the U.K. and Prime Minister Theresa May in particular.
Moving aside from Brexit for a couple of hundred words, I just want to point out there are one or two other incy-wincy issues that may also screw things up, especially for financial markets, in addition to whether Britain slips its moorings and drifts away from Europe to somewhere lost in the mid-Atlantic.
Firstly, was the estimate from Howard Silverblatt of S&P Dow Jones Indices that U.S. S&P 500 companies bought back circa $800 billion in stock last year, a new high for any calendar year. Except in many cases, and this is where the second report comes in, it's not exactly"cash" but moreover debt that is paying for the buybacks.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Merkel calls on Britain to respond to EU's Brexit proposalsGerman Chancellor Angela Merkel on Monday said she welcomed the European Commiss...
Read more »
Britain, EU locked in talks as Brexit vote nearsIntensive talks between the European Union and Britain are underway to help get ...
Read more »
EU's Barnier makes last ditch Brexit offer, Britain 'not impressed'The European Union can give Britain the unilateral right to leave their customs ...
Read more »
Britain still hopeful of weekend Brexit breakthrough, says HuntBritain's government is still hopeful it can secure a Brexit breakthrough w...
Read more »
UK won't accept Brexit deal that puts union at risk: PM's party chairmanBritain cannot accept an EU proposal to break the deadlock in the Brexit talks b...
Read more »
As Nazi horrors fade into history, some youths are seduced by hate, others will never forgetSome young people's embrace of Nazi imagery may come from ignorance, experts say, but 'ignorance is the soil from which evil takes root.'
Read more »
Daylight Saving Time: Don't forget to spring forwardBenjamin Franklin first thought up the idea of daylight saving in 1784. It wasn't instituted until World War I, when it went into effect to save energy used for lights.
Read more »
Jeff Bezos: Forget Mars, humans will live in these free-floating space pod coloniesJeff Bezos: The top of Mount Everest is a 'garden paradise' compared to Mars via CNBCMakeIt
Read more »
We’re Living in a Golden Age of Classy Pork RindsThe salty snack long thought of as junk food gets a makeover, with high-end ingredients and even vegan options. ‘Hmm, let me hear more about this.’
Read more »