Audio – What private equity bubble?
“Everybody talks about, and I love this term, the private equity bubble. Remove it from your lexicon,” said Tobias Levkovich, chief U.S. equity strategist for Citigroup.
Private equity deals will likely continue to be made until something happens to disturb that gap, such as junk bond yield spreads widening or interest rates moving up, Levkovich said.
Read the story here: