Sunday, February 24, 2019

24/2/19: Buybacks vs Capex


U.S. corporates spending or 'investing' over the last 10 years:

  • CapEx ($6.4T), including often non-productive M&As
  • Buybacks ($4.9T) and 
  • Dividends ($3.4T) 


via @mbarna6

Just another reminder why productivity growth is not being aided by cheap credit.

No comments:

Post a Comment