Here's a link to recent commentary entitled "Still Bullish," from one of the most insightful economists we know, Brian Wesbury.
In it, he proposes a mental exercise, asking readers to imagine that they had gone to sleep on October 09, 2007 (when the major US stock indexes were making record highs, but just before they...
Friday, May 17, 2013
Crossing the chasm to IPO becomes even more difficult
Here is a link to the website of Renaissance Capital of Greenwich, Connecticut, which shows U.S. IPO volume by capital raised for the past decade, beginning in 2003 and showing each year up through the year-to-date figures for 2013. The graph below shows the status as of the publication of this post, May 16, 2013:
Clearly,...
