Has the Tech Stock Buyback Bonanza Returned

The Big Conversation | Aired: 2021-06-02 This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at the subdued reaction of yields to the current bout of inflation and a corporate sector that appears to be gearing up for buybacks rather than growth. Can tech stocks underperform if they are seeing the lion’s share of the buyback programs? Perhaps the action of the corporate sector is the clearest clue that most CEOs think that growth and inflation are transitory after all? In this week’s Chatter, Michael Smith, Global Sales Strategy & Execution – OEMS & Equities at Refinitiv, looks at the buyback and CAPEX data for the S&P500 in 2021.