Schwab's Sonders Says 2018 Likely Peak for Buybacks

The video discusses the debate over stock buybacks, highlighting a Twitter exchange between Lloyd Blankfein and Bernie Sanders. Blankfein defends buybacks, while Sanders criticizes their impact on wealth inequality. The discussion shifts to the rationale behind buybacks, especially in low-interest environments, and the potential peak of buybacks in 2018. An economic inflection point is noted, with labor's share of GDP starting to rise, impacting profit margins and suggesting a shift favoring Main Street over Wall Street.

What is the main argument presented by Lloyd Blankfein regarding stock buybacks?

How does Bernie Sanders view the impact of stock buybacks on wealth distribution?

What shift in corporate behavior regarding stock buybacks is mentioned in the text?

What potential turning point in labor share of GDP is discussed in the text?

What does the text suggest about the relationship between labor costs and profit margins?