Something’s Gotta Give – Ep 798
The Peter Schiff Show Podcast
00:00
What's Going to Happen to Stock Prices?
Companies that were doing share bybacks now want to sell stock. They don't have any extra money lying around to buy stocks. We are loaded up with record amounts of debt, credit car debt, auto loans, student loans, mortgage debt. It's not just corporate america that is going to be struggling with high interest rates. I think these bybacks are going to end up being such a disaster and its gon t be a long time before companies make the mistake of doing this again at least with borrowed money.
Transcript
Play full episode
