Stocks Surge to Record Highs, but Few CEOs Cash Out

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Only 80 CEOs in the S&P 500 reduced personal holdings in the businesses they led during 2019, according to a Wall Street Journal analysis—and the majority of them did so during a company buyback

The S&P 500 jumped 30% and set record highs in 2019, but only 80 CEOs in the index.

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If any of them dump their shares it’ll trigger a recession. They’re whales. That’s how ridiculous it has become.

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