The Rising Influence of Rising Affluence

[DewDiligence]

Once again, MET had_weak_results_in private equity. I warned about the unsustainable nature of this source of income some time ago in #msg-167739042.

After announcing 1Q23 results and a new $3B buyback authorization (incremental to the existing $200M unused authorization), the stock is down about 1.5% in AH trading.

https://finance.yahoo.com/news/metlife-announces-first-quarter-2023-201500306.html

https://finance.yahoo.com/news/metlife-announces-3-billion-share-201500413.html

https://finance.yahoo.com/news/1-metlife-profit-drops-lower-202436529.html

CFO’s 5-minute video:
https://www.metlife.com/about-us/newsroom/#video