/biz/ - Business & Finance

>>12421267
The stock price doesn't determine the demand for the commodity the underlying company is producing. You can't buyback stocks or send out dividends if you're in default, either.

>>12421275
This article is from late November of last year, I urge you to take a look at some of the graphs such as pic related. And no, it's not a good sign that it's plateauing.
https://www.marketwatch.com/story/these-5-charts-warn-that-the-us-corporate-debt-party-is-getting-out-of-hand-2018-11-29

Most of the tax cut money went to buybacks and dividends not deleveraging.