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With Buybacks Blacked-Out, Pensions Spark Largest Buy Imbalance On Record To Rescue Stocks Yesterday

Do you believe in miracles?

Yesterday's price action had that 'hand of God' feeling to it, as the S&P broke below YTD lows, all of a sudden wave after wave of buying pressure lifted the major US equity index all the way into the green by the close...

with buybacks blacked out pensions spark largest buy imbalance on record to rescue stocks yesterday

Authored by Tyler Durden via ZeroHedge April 1st 2025