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A comment on Stock buybacks are dangerous for the economy. Parent comment

Re:Stock buybacks are dangerous for the economy by pauljurczak on Wednesday March 18, 2020 @02:56AM (#22614286)
One of the reasons for this is stock market being detached from real economic activity. It is mostly a play field for financial engineering. Hugely overvalued.
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Re:Stock buybacks are dangerous for the economy by IanDrake on Wednesday March 18, 2020 @09:22AM (#22616317)
No, its not hugely overvalued. Interest rates are low, where will you get your desired yield?

PE ratios are in the normal range.

How do you justify your position?

What are you comparing it to? RE? RE isn't passive.

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