Why a Banner Year for Stock Buybacks Fizzled

A.M. Edition for Nov. 22. A looming U.S. tax on share repurchases was supposed to inspire a 2022 buyback bonanza that some predicted to cross the $1 trillion threshold. WSJ Heard on the Street editor Spencer Jakab explains why that hasn’t transpired.Luke Vargas hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices