The situation is very fluid.
“Suppressing” bank balance-sheet data in a banking crisis to prevent the biggies from yanking their billions out of a weakened bank.
“Only good news is that the number was still positive despite the high number of cancellations.”
“The leveraged share buyback game has ended, which also means an end to the phony earnings growth.”
Neither the Fed nor the Treasury can bail out brick-and-mortar retailers.
All eyes are on China to see how air transport will change in the aftermath of the crisis.
In good Financial Crisis manner, stuff blows up despite the Fed’s effort to stem the chaos. Now hoping for taxpayer bailouts.
Even after the bottom is perceived to be in, “buybacks may be slow to come back” as companies struggle for cash amid potential government restrictions on buybacks and their dismal public image: S&P Dow Jones Indices.
This is the moment when yield-chasing turns into a massacre.
Kissing share buybacks and dividends goodbye.