Economy

The jobs added in Q2 are mainly part-time, low paying jobs.

The stock market is up almost exactly the same amount as inflation.

Investors are selling stocks. Corporations are buying back shares.

"Then who?  Corporations, mostly. They are using business profits to buy back shares.
Individuals also buy, but not as much as corporations.
We have not seen this much buying back of corporate shares in years.  Specifically, not since since 2007. That was the #1 year for corporate buy-backs."

Uh-oh.

"But why do they do this? What value does this add to plant capacity? To marketing? To innovation? None.
But it runs up stocks in stock option deals. Who has such deals? Senior management.
Who make the decision to buy back shares? Senior management.
So, stocks go up, yet corporate capital is being depleted. Is that it? Yes."

Very bad. More.

Radio Shack is going bankrupt and using stock buybacks to cover it up.

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