@Mr_Neutral_Man Tough one to stand out in the states given depth of the market. Would be easier in UK due to tougher performance overall and shrinking market. But to answer your question depends on what you want to do with it - scale, improve share priceโฆ?
@MacroJason It's also a function of being at a geopolitical crossroads, with the lessons that teaches you, I've always believed that's been the reason for the success/cunning of Greeks, Lebanese etc.
@Tangible_Bruce On housebuilders, there will be a rebound at some point, but their stated โdiscountโ is total nonsense there will be substantial portfolio write downs before things get better.
@jeuasommenulle LSE poaching companies off AIM to keep nominal listings up but that means AIM is dying - very sad, critical part of London's financial history and a great tool for British industry/entrepreneurs.
IMO 'PE' is sort of a misnomer. You can have institutional PE which does ruin some things, but there's a fine line between individuals investing in a business and growing it. I know lots of people that did buy-outs in the 90's and slowly built businesses into IPO, still a + for consumers
@baroninvestment Does lots of RE lending and development is currently through the floor - especially on RESI/commercial where they have a big presence. Also don't think their consumer business is doing brilliantly.
@orrdavid Because rising energy prices mean Iranian economic firepower is effectively leveraged 100x. And barring a ground invasion no amount of bombing can stop the odd imported from blowing up a tanker which is all you need to stop trade.