The Stocks Down a Smidge, EPS Beat, Rebs Missed

The market has understood that the private equity business, which is all about selling the companies that are in your portfolios, has been weak so far this year. We're going to start to see an upturn because interest rates are peaking and that's good for private equity. DR Horton had a spike of like 4% and then before you looked at it again, the stock is down more than 3%. There's some other housing related plays and many of these stocks have been trading at all time highs.