Stock Market Drops. Then It Rallies. What Happens Next for Funding?
Both Sides of the Table
AUGUST 9, 2011
I can’t say his name yet because he hasn’t announced funding. On the positive side, corporate profits are up, their balance sheets have been repaired and they have recapitalized themselves to have lower amounts of debt relative to equity. Don’t spend like it’s 1999. After that, all bets are off.
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