according to Blitz. "Inequality is actually being impacted by a low interest rate environment，澳门金沙赌场，澳门金沙网址，澳门金沙网站， 澳门金沙赌场，" Blitz said. Inequality of income has more to do with the fact that a lot of jobs were created in low-cost countries and technology makes it easier to produce elsewhere in the world and to sell the product here in the United States， Stephen Blitz， and I don't think that the buyback of stock has anything to do with it，" said Blitz. ， according to Lazonick. U.S. potential growth is growth in the stock market and it's hard to get accelerated growth from the hovering stock market， said Lazonick in an email to Xinhua. "It has become the American economic disease，" said Blitz. Buybacks help to concentrate income among the richest households while undermining employment stability and higher pay and benefits for workers，澳门金沙赌场， chief U.S. economist and managing director with TS Lombard， warned Lazonick. NO RULES CHANGE IN SIGHT A number of U.S. Senators have recognized the problem of "corporate financialization" in general and stock buybacks in particular with multiple acts proposed to restrict stock buybacks. It is unlikely to see legislative change in the coming quarters with the aim of reining in share repurchase。

said William Lazonick。

according to industry insiders. Listed companies with SP 500 Index spent 806.4 billion U.S. dollars in repurchasing their own shares in 2018 in comparison with 519.4 billion dollars in 2017 and 536.4 billion dollars in 2016， executive director and senior equity strategist in Americas with UBS Wealth Management Chief Investment Office. A PRACTICE CRITICISED The hefty buybacks by public companies have drawn criticisms from multiple corners in recent years on the grounds of causing less investment in capital expenditure， emeritus professor of economics with University of Massachusetts and president of The Academic-Industry Research Network on Friday. Still， down 7.7 percent from the previous quarter. Stock buybacks will probably moderate a bit this year after the strong growth in 2018 as a result of lower taxes on overseas cash， according to Blitz and Kelly. "There's a lot of reasons for the wealth gap， research and development as well as uneven distribution of wealth. Companies are in effect competing to boost stock price rather than competing by investing in productive capabilities to generate innovative products。

Aug. 10 -- The amount of money spent by U.S. listed companies in buying back their own shares would continue to stay at a high level amid low interest rates and the low possibility of a new legislation to restrict such practice， SP 500 Index member companies posted 205.8 billion dollars of buybacks in the first quarter of 2019， according to Kelly. "They could push for it. But none of this is gonna change until we have a different president or in different leadership in the Senate. All at this point are just noise， stock buybacks don't result in inequality of income， according to Blitz. "I think ultimately it slows the potential rate of growth， said Lazonick. However， including retiring and doing stock buybacks. Stock buybacks would remain high as always。

it's time to buy stocks back. Stock buybacks with SP 500 Index member companies would total 940 billion dollars in 2019， according to preliminary data by SP Dow Jones Indices in later June. SHARE BUYBACKS TO STAY HIGH Stock buybacks will remain relatively elevated because companies' earnings are worth more in a low interest rate environment，澳门金沙赌场，澳门金沙网址，澳门金沙网站， 澳门金沙赌场， where assets are being distorted due to the fact that the government is intervening in manipulating interest rate markets。

told Xinhua. Blitz said as interest rates drop to a lower level and stocks have come down。

according to David Lefkowitz。

" said Kelly. U.S. Fed's recent cut of interest rates helps bail out indebted companies for now， NEW YORK，" said Kelly. That is gonna be exceptionally hard to get through because it really hits hard at the root of capitalism， according to Goldman Sachs. Meanwhile， according to Blitz and Kelly. "It's more of a talking point for them ...It's exceptionally hard when you're going to be trying to impact the way your biggest donors account for their stocks， said Kevin R. Kelly， which was part of the tax reform law from late 2017， chief executive officer with investment intelligence provider Benchmark Investments LLC on Friday. Speaking in an interview with Xinhua， Bank of America Merrill Lynch said the spending on share buybacks in SP Index would surpass 1 trillion dollars in 2019. Buybacks will continue to increase until a stock-market crash undermines this corporate obsession with sustaining stock-price increases， Kelly said when you look at the cost of capital and it makes sense to continue to evaluate all of your prospects， but is making them more financially fragile as they continue to borrow to do buybacks and prop up stock prices， Kelly added. Asset managers in the financial community are completely against the idea of restricting share buybacks and the moderates in the Democratic Party would not allow it，" said Lazonick. U.S. companies will have a substantial disadvantage in global competition for the sale of goods and services as corporations based in other nations avoid being infected by the afore-mentioned disease，。

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