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Posthaste: Why David Rosenberg says it's time to take profits on, wait for it … Canadian banks
Financial Post·July 20, 2026
AI Summary
David Rosenberg has classified Canadian banks as an overheated asset class, comparing their current valuation to the speculative nature of the U.S. AI sector. The economist recommends investors take profits on Canadian bank stocks rather than continue holding them at inflated prices.
From the source
David Rosenberg has added Canadian banks to his asset bubble list, calling them the "TSX's version of the U.S. AI trade." Read more
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