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Countdown to Goldman’s Investor Day and Buffett’s Defense of Buybacks 2/27/23

CNBC's "Fast Money"

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Stocks Buybacks Are Helping the Market

The Wall Street Journal reports that annual stocks buybacks among major companies are projected to top $1 trillion for the first time ever this year. This is largely seen as an issue that would be dead on arrival. There's already 1 percent tax in the ARA. No way of four times tax on it. It's been a political football. If you're a U.S. bailout money, no. Of course not.

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