Alternatives might make
sense at market peaks, or providing liquidity in distressed situations, but for the most part they are as saturated now as public market investments, but with more expenses and less liquidity.
Not exact matches
On the subject of valuations, I believe that the
peak level of earnings seen in the past
market cycle was somewhat high, so I'd agree with Bill Gross
at PIMCO in the
sense that we're not likely to see that level of earnings as the «norm.»
The wine is actually brewed like a tea, but because it looks so much like actual wine AND contains catnip, which is very, ahem... relaxing for many kitties, it it only made
sense for Apollo
Peak to
market it as a way to unwind with your feline friend
at the end of a long day.
And in a
sense these are the salad days — not that we're inexperienced or
at the
peak of our powers, two ways in which that phrase is now understood — no, simply because it's high summer, when edible green begins to tumble out of the bushel baskets
at the
market and it's too hot to cook.
When the
market peaked and started dropping, it was time to batten down the hatches and wait for prices to level off
at a point where it made
sense to buy again.