Re: IPOs- none for 10 weeks
October 20, 2008 at 07:44 AM EDT
[Skip to the end] (email exchange) Yes, but for the near term it could all look like a ‘traditional recession’ as LIBOR comes down and the ‘financial crisis’ seems to stop getting worse. Stocks could be OK with that for a while. It will all be support by the US extending increasing (and unlimited) swap lines [...]