Is the Price of Private Assets Going Down?

Howard Kurtz: Is it your job, Bruce, to reflect the psychological ups and downs of the guy who's checking his stock prices every morning? He says there were some businesses over the last two years that traded at extreme prices. Kurtz: The Fed is trying to cool off cyclical development with interest rate increases and then quantitative tightening. So maybe we're getting back to normal cycles after a period where they've been dominant.