A well-developed private equity market only reinforces a well-developed public equity market that is solely used as a cash-out vehicle. Public Equity has become the domain of bag holders. We are destroying our own capital markets and giving more of the advantage to the ultra-rich and connected. Most people are happy enough chasing charts and don't see the difference.
Private equity has always been scam since the days it was referred to as Leveraged Buy Out and in Icahn's case he was referred to as a Greenmailer. Greenmail was the bribe money management gave to Icahn to leave them alone so he could scam some other companies. It's funny how bubble vision loves Icahn and other "whales."
What's making life more expensive are Biden's horrific domestic energy policies, from shutting down pipelines to cancelling leases right and left. High energy prices affect practically everything businesses and consumers touch and have a huge compounding effect throughout the economy. The little "Fourth" Reich midget is once again clutching pearls and tossing out red herrings. He's a horrible economist.
%% ITS LIKE State farm Insurance Co noted , some time ago ,in its market commentary\ lower gasoline prices most likely result in helping an uptrending stock market. The reverse\inverse can be true also;HI gas prices help the downtrend market ONE of my favorite quotes= ''one monkey don't stop no show'' LOL[Also translated= one monkey does NOT stop any show]