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Buybacks-Driven Market: Engineered Too Far?

2014-11-20 04:59:33| Air Courier - Topix.net

A research note out of Goldman Sachs makes the case for the S&P 500 to end the year about 5% higher than where it recently traded, and to hit 2150 in 2015. It seems prudent to look for more substantial drivers than a cash-rich company that is financially engineering its way to decent earnings.

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