Deep Dive: Retail Stocks, Investor Sentiment and Buybacks

The video discusses the current state of the retail market, highlighting Amazon's success compared to other retailers like Walmart and Macy's. It explores market sentiment, noting skepticism despite a rally since February, with more investments in ultrashort ETFs. The video also examines the role of buybacks in the market, suggesting they may not be as effective in boosting earnings per share as before.

What role do buybacks play in the stock market according to the text?

What is the significance of the S&P 500 approaching its one-year anniversary of its record high?