Rosenberg on buyback craze and present risks

Prudent risk managers have long since left the burning building.  Those still in stocks are either risk-blind, reckless or planning to hold always even as capital evaporates.  Most will liquidate after large losses when cash is short and redemption requests soar.

Financial Post’s Larysa Harapyn speaks to Rosenberg Research chief economist David Rosenberg about what happens when you combine one of the weakest economic cycles of all time with one of the most powerful bull markets. Here is a direct video link.

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