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You stay away from equity ownerships.
Executives from Equity Residential and AvalonBay declined requests for interviews.
But the reaction from Equity was less optimistic.
Smaller fry can afford this now, when profits from equity markets are so high.
Trading volumes have been heavy and outflows from equity mutual-funds have picked up sharply.
Despite its importance to modern economies, the industry has all but vanished from equity markets.
There is also considerable nervousness among those who make a living from equity dealing.
"Couldn't part of the payment come from equity in his previous home?
Revenue from equity underwriting rose to $143 million from $59 million a year earlier.
"Investors are becoming lenders, shifting risk from equity to bonds," Mr. Adler said.
Revenue from equity trading and equity underwriting more than doubled from a year ago.
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CEO of Professional Science Editing for Scientists @ prosciediting.com