Wednesday, Feb 21, 2007

The times gets it right!

Timesonline: Is it a monster? No, it’s a liquidity squeeze

As ample supplies of capital fuelled a boom in demand for investments of all kinds, the resulting rapid rise in asset prices depressed the returns being earned, triggering the well-known “search for yield”, with moves into riskier asset classes and increased use of leverage, not least by hedge funds and private equity players.

Posted by not-so-dumb-capitalist @ 10:20 AM (140 views) Add Comment

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