Wall Street is sounding the alarm as a key source of stock-market buying evaporates

Share buybacks — one of the stock market's strongest growth drivers — fizzled out in the second quarter of 2019 and is projected to decline further though the year and into 2020, Goldman Sachs analysts wrote. Repurchases fell 18% year-over-year in the second quarter, and total buybacks are projected to fall 15% in 2019, according to Goldman. Buyback programs boost share prices and earnings per share by reducing the number of shares outstanding.

Share buybacks — one of the stock market's strongest growth drivers — fizzled out in the second quarter of 2019 and is projected to decline further though the year and into 2020, Goldman Sachs analysts wrote. Repurchases fell 18% year-over-year in the second quarter, and total buybacks are projected to fall 15% in 2019, according to Goldman. Buyback programs boost share prices and earnings per share by reducing the number of shares outstanding.

STOCK BUY BACKS ONLY MAKE THE THE ECONOMY LOOK LIKE IT'S DOING WELL THEY USED TRUMP TAX CUTS TO BUY THERE OWN STOCK ENRICH THEMSELVES NOT REINVEST IN ECONOMY BY CREATING NEW JOBS

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