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"Most People Have No Idea What's Coming in 2024" - Lynette Zhang's Waning

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2024′s stock market is a beast fed on illusions. Lynette Zang peels back the curtain, revealing a game rigged with stock buybacks and legal sleights of hand. This isn’t just about companies buying back their shares to prop up stock prices; it’s a deeper dive into how the financial elite manipulate the system to keep their pockets lined, leaving the average investor navigating a minefield.
The reliance on these buybacks isn’t just a tactic; it’s become the backbone of a market that’s drifting further away from its fundamental purpose—investing in real growth. Zang points out the absurdity of a system where the value of a company is increasingly detached from its actual performance, inflated by these buybacks that reduce the number of shares and artificially boost earnings per share.

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