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And a doomsday scenario is inconsistent with the strength of equity markets.
Investments flowed into funds on the strength of equity markets and the red-hot commodities and energy markets.
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So what explains the strength of US equities?
By contrast, the strength of private-equity firms lies in corporate surgery.
What happens in 2015 is almost irrelevant.Nevertheless, it is doubtful whether the simultaneous strength of gold, equities and bonds can last much longer.
"Chris has proven himself a fantastic leader with a deep understanding of the enormous strength and equity of the USA brand," Bonnie Hammer, chairman of the NBCUniversal Cable Entertainment Group, said in an email to her staff announcing the changes.
The pickup in public offerings is natural, given the strength of the broader equity markets.
But before joining the NYSE's critics, it is worth pausing to ponder the exchange's spectacular success testimony to the strength of America's equity culture.
While in theory the strength of preferences for equity in health can be expressed in an 'inequality aversion parameter', in practice, analysts would have to obtain them from people's choices.
Citigroup's securities and banking group also improved, on the strength of investment banking, equities and fixed income.
Goi acknowledges that: "The strength of Singapore's brand equity has opened doors around the world for me".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com