@JulianKlymochko 2018-2022 LBO’s financed with floating rate debt - YES. But >2023 LBO’s will be at lower valuations, offsetting higher cost of capital for PE.
@soldatthetop@LizAnnSonders There will be a significant lag between #Fed actions and impact on employment. Higher rates doesn't have instant results. If the Fed hypothetically paused now, we would still see unemployment steadily rise over the next 12 months.
My (apparently) (very) unpopular opinion: passive investing IS a bubble.
It's a behavioral bubble formed by the now universal belief that stocks will *always* go up over time.
A bubble = investors thinking they've figured out a "secret" that past investors somehow missed.
"You will meet zero investors who regularly buy and sell profitably on headline news. Zero. Not even one. It cannot be done. It’s a guaranteed money loser." - another @ReformedBroker classic...
https://t.co/tO2qB7HRV0
Subject: Will this new coin finally unseat Bitcoin?
*Fine I’ll click*
Introducing AdTechDogCoin the coin for programmatically buying ads targeted at dogs