Today, in an interview with Betty Liu on Bloomberg TV, I was asked about the “news” of the day, of course that being the APPLE decision to pay a dividend and buy back stock. Long-time readers of NOTES are aware that I am a believer in stock dividends as a way to return capital to the genuine owners of a corporation: THE SHAREHOLDERS. Ms. LIU wanted to know if the APPLE news was bullish for the EQUITY markets as the share price of the technological behemoth would drive all indices higher. As a GLOBAL MACRO analyst/trader/investor, I said that it was more bullish for capitalism in America.