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With more mature companies, as investment opportunities become scarcer, at least relative to available capital, the focus not surprisingly shifts to financing mix, with a lower hurdlerate being the pay off.
So it’s gonna take a little more confidence, you know, and equities to, because you get your, your hurdlerates higher, you know? So bears capitulated from institution, from retail investors, and the three month VIX versus VIX move below one to suggest, you know, capitulation on that indicator.
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