"(Free cash flow yield) in the U.S., the big board is at 4.2% versus a whopping 9.9% in 2008 -- that materially lower cash flow partly explains the phenomenon of SPX companies borrowing to buy back shares instead of investing in operations that will lead to dividend growth."
Tuesday, September 10, 2019
Quote of the Day
Bloomberg's Benjamin Dow, in his blog post this morning, speaks to our message in today's video commentary:
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