The Biggest Threat To The S&P In The Next Month: “Only Buyer Keeping This Market Alive” Stops Buying

from Zero Hedge

Even Bloomberg gets it.

In a note issued yesterday, the news behemoth reported what our readers had known for years: that “There’s Only One Buyer Keeping S&P 500’s Bull Market Alive“, namely corporate buybacks, the same “buyer” of stocks that the smart money has been selling to for the past 7 weeks.

Dispelling any confusion about who the relentless buyer into the “wall of worry” is, this is what Bloomberg wrote:

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