Biggest buyer coming back: Eye on the World 29/01/21

Markets rebound on less short-selling contagion fear and better US macro data seems short-lived. Contagion concerns remain, offsetting vaccine progress and earnings strength. See markets well-supported and opportunities in weakness.

HOT TOPICS on share buybacks. They halved in Q2 crash but to recover this year with improved visibility, profits, and looser Financials restrictions, marking return of markets biggest net buyer, a key additional support. Buyback indices started outperforming in US and Europe.

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