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Investment Week (May 9)

2022/ 05/ 11 by jd in Global News

“BP’s latest plan to buy back $2.5bn of stock this quarter has pushed forecasts for FTSE 100 firm buybacks to be on track for a record high in 2022. FTSE 100 firms are now planning £37bn of share buybacks this year, compared to the prior record of £34.9bn in 2018.”

 

CNN (May 9)

2022/ 05/ 11 by jd in Global News

“After 14 straight months of year-over-year home price growth reaching into the double digits, we’re finally starting to see the early signs of a cooling housing market.” This doesn’t portend an imminent crash. “In fact, prices may not even fall. Rather, this will be a much-needed rebalancing from the unhealthy market conditions we see today.”

 

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