Surge in U.S. Stock Buybacks Gains Support From Idle Factories

  • Capacity utilization below 80% threshold for spending growth
  • Schwab's Sonders: Repurchases `are not the market's bogeyman'

Companies in the U.S. have yet to encounter the kind of capacity constraints that would indicate a surge in stock repurchases is misplaced, according to Liz Ann Sonders, Charles Schwab & Co.’s chief investment strategist.

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