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Things already turned south (in March) and are on the rebound now. Those who would've IPO'd a few months ago are starting to do it now.
by throwaway1777 6y ago
Things already turned south (in March) and are on the rebound now. Those who would've IPO'd a few months ago are starting to do it now.
- warent 6y agoThis was my take on it as well, bottoming out around June-ish (off the top of my head. can't exactly recall). I thought we were beginning the steady slog back up?
- itsoktocry 6y ago>Things already turned south (in March) and are on the rebound now. The stock market is not the economy. What has changed since March, except a whole lot of small-business bankruptcies and closures, cities burning in mass protest, and an even-closer, tightly contested election with massive political consequences?
- throwaway1777 6y agoThere’s plenty to be worried about in the real world, but what’s changed is in March the market was down 30%, and now it’s back at all time highs. The Fed is the most important factor in the market these days, not the economy, and since we’re talking about ipos the market is what matters.