How NOT To Invest In America

Most of the activity in the stock market is by companies buying back their own stock with nearly free money borrowed from the Federal (sic) Reserve System. Here are the biggest culprits:

These are the companies that are the most aggressive repurchasers of their own stock, or said otherwise, the companies that have no organic use for the cash and have zero ideas how to grow their top and bottom line or what capital projects to invest their excess capital, they only have stock buybacks as an option to give the impression of “growth.”

http://davidstockmanscontracorner.com/whats-propping-up-the-market-behold-the-corporate-stock-buyback-ponzi-and-nearly-all-borrowed/

There is no "recovery". It's all a Ponzi scheme fed by QE funny money, and the rest of the QE cash is being hidden offshore, so it doesn't benefit the US economy either: