Share buybacks were one of the main factors driving up the stock market over the past few years. This was mainly because of low interest rates. Going forward, if interest rates rise and companies need capital, might they need to ISSUE stock to raise capital? Basically, the opposite of a share buyback. Wouldn't this dilute existing shareholders and drive prices back down?
Submitted January 20, 2019 at 10:48AM by Capitalism30 http://bit.ly/2sCXVik
