Private equity underwriters (PEU) hired high level tea leaf readers over the last few decades. They include:
The Carlyle Group - Admiral James Stavridis (a regular on CNN)
KKR - General David Petraeus
Apollo - David Krone, former Chief of Staff Senator Harry Reid
These talented seers of the future were aided by PEU founders, legendary for their ability to influence government policy.
Trump II's tariff gyrations have flummoxed PEU Legends and their high paid strategists. "T" is for tariff and it's very hard to read the leaves if they remain in the mind of one man, especially one known for his savage whims.
The greed and leverage boys thought they'd be shopping affiliates in an economy with accelerating growth and increasing capital flows into the U.S. because "our tech is the world's future." That is not happening.
Oddly, PEUs may gain new affiliates via their private credit offerings, getting the keys to other PEU's affiliates unable to keep up with interest payments.
PEU Libation Day may involve exchanging their sponsor's name, creditor eats wiped out equity owner. Those tea leaves are somewhat readable.
Otherwise, the world awaits the decrees of the Savage Whimmer. Libation may be in all our futures.
