He points to a strong correlation between the Fed's balance sheet and
equity prices never witnessed before.
Not exact matches
The VC firms weren't taking any
equity in Basis's parent company, Intangible Labs — they were just getting the Basis tokens, whose
price, by design, would
never rise.
That's not to say that volatility
never changes in Forex, it just means that the particular direction of a Forex pair doesn't have a very big impact on that pair's volatility or
price action, as it does in the
equity markets for example.
Even if you
never pay off your mortgage, and even if the housing market bursts again (which I would say it is likely to considering the fact that land
prices have been recovering and the government has largely been considering subsidizing housing on a large scale... again) you still have SOMETHING in
equity, whereas when you rent, you will
never see that money again barring extenuating circumstances.
This was
never a good deal for Rite Aid shareholders as the
price was low and there was going to be a constant overhang of private
equity shares depressing the share
price.
Plus you
never see private
equity or corporate acquirers thinking in terms of
price / earnings multiples!