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letamp;#39;s go not everyone my name is Nicolas Merton here at dataamp;#39; - in todayamp;#39;s September 20th of 2018 well folks I hope you all are having a wonderful day today today I want to spend some time to talk to you all about a specific topic that has to do with US equities and as a topic that Iamp;#39;ve gathered a lot of concern over over the past few days now if you happen to follow my daily updates here on the day - - channel or if you happen to follow me over at Twitter I spend a lot of time rambling on about something known as stock buybacks and how they played a major role in propping up the valuation of US equities now to put it very simple a stock buyback is basically where a company takes cash off of its balance sheet or borrows capital in order to acquire more of its own shares in order to create an artificial sense of demand and limit the supply of circulating shares and weamp;#39;ve seen over the past few years that stock buybacks have been a thing for the pa