to but fundamentally, structurally, the market s in a great position. after recessions, markets tend very much to be what we call range bound. the determination of what the range will be is something that no one can really answer yet. fundamentally, we know that more institutional money managers have to put money in. second, look at our market in terms of the private equity market in m&a. there are going to be two other components that help to drive this market. a lot of deals you think, right? they have to compete. they have to grow some way but that s going to mean companies buying companies and m&a mergers and acquisitions are going to have to go out there and do some deals. so where is the hot money going, then, the hot money, the smart money? it s not necessarily going into the things that got us here right? we should be looking at other areas, then, for the next leg of this thing? of course, emerging markets are on fire and they have been. a lot of people aren t really sure
market in m & a. two other components that help top drive this market. a lot of deals you think, right? they have to compete? they have to grow some way. meaning companies buying companies and m & a mergers and acquisitions going out and do some deals. so where is the hot money going, then? the hot money, the smart money? it s not necessarily going into the things that got us here. right? we should look at other areas, then, for the next leg of this thing? of course, emerging markets are on fire. they have been. a lot of people aren t really sure how they are going to go into merging markets. you can get exposure into those by going into multi-nationals here in the uk, names you know that will have growth in other places. second area that s going to accelerate that may not necessarily be as much for your viewership is going to be in terms of foreign exchange and currency trading. as the entire world essentially decided to ease at the same time. however, we ge out in a discoordinate