Not exact matches
Revenue from
equities trading as well as advising on mergers, IPOs and debt issuance helped
fuel gains at the investment bank, with UBS saying the results would have been even stronger excluding currency effects.
Like the houses in Atlanta that Donna and I are buying, prices of EM
equities rose to lofty levels in 2008 before the global financial crisis,
fueled by overly optimistic buyers extrapolating past price
gains.
Standard & Poor's thought «
equities could register nice
gains by the end of the year» (September 20) as the result of a Fed -
fueled breakout.
The trend also has been
fueled by tax law changes that have enabled homeowners to downsize their primary residence without paying capital
gains taxes and to use the
equity for a second home.