Have stock buybacks gone too far?

By William Lazonick and segment guest (Jeremy Siegel)

“Fueled by the lower corporate tax rate, share buybacks among S&P 500 companies shot to a fourth consecutive record in the last quarter of 2018, according to Standard & Poor’s. What’s more is that the lower tax rate enabled dozens of profitable Fortune 500 companies such as Amazon and IBM to avoid paying federal taxes last year, according to the Institute on Taxation and Economic Policy.”…

[Click HERE to listen and watch the interview]