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.
Corporate Earnings Went Down in 2019
Even though Earnings went down for quarters in row: 2019 Q1, Q2, Q3, Q4. (Article: Sept 21)
Stocks went up Anyway
Stocks went up 30% because the market is not correlated with the economy due in part to corporations buying back their stock.