US stock market to stop shrinking for first time in 23 years
10 points by JumpCrisscross
by gweinberg
1 subcomments
The idea that the stock market has been shrinking in any meaningful sense is kind of silly. Market cap means something, but the number of shares in a company by itself is meaningless.
Record new issues is one of the classic signs of a bubble [...] The new big three IPOs will dwarf the entire amount raised during the [1999-2000] tech bubble even when accounting for inflation.
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