Townhall.com ^ | November 14, 2011 | Mike Shedlock
Interesting video, don't miss it. Here's the link to the video.
To make a long story short, companies are buying their own stocks with low interest debt. Interest rates are depressed because the Fed is pumping a lot of money into the economy- even without Quantitative Easing. Low interest rates cost little to service and buying their own stocks keeps the prices up.
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
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