Korelin Economics Report

Updates on the oil market and weak share buybacks

Kicking off this holiday in Canada which results in a slower trading day Chris Temple and I provide some updated comments on the weak oil market and soft share buyback data. Oil continues to look weak both technically and fundamentally providing analysts with few reasons to predict higher prices. In terms of share buybacks we are seeing soft data not seen since 2013 and 2008 in some cases. Chris has some great comments regarding why corporations might be pulling back on buying back shares.

Click here to visit Chris’s website for more market and stock specific commentary.

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