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Gundlach: Debt-Financed Share Buybacks Turned Stock Market Into High-Risk CDO

Gundlach: Debt-Financed Share Buybacks Turned Stock Market Into High-Risk CDO

January 11, 2019 Off By Mish

Jeffrey Gundlach, CEO of DoubleLine Capital LP, has some interesting thoughts on debt, stock buybacks, and leverage.

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