“Investors are sinking more and more money into the stock market. Indexes are reaching record highs. But a growing number of American companies are refusing to participate in public markets at all.”

[COMMENTARY] In terms of companies participating in public markets and the number of shares available for trading, they are all declining from years past. Inappropriate regulations and stock buybacks, to me, are two of the big culprits.
The Quiet Force Imperiling Our Booming Stock Market, by Bryce C. Tingle, September 15, 2025, The New York Times, USA.