After an uneventful start in 2009, deal flow for equity financings has jumped to life in recent weeks.
Consumer confidence levels have sunk to five year lows. Could this be a bullish omen for the markets?
An in depth discussion of market sentiment...At present, it is a real mixed bag, there is no clear cut consensus.
This year’s equity offerings volume, as measured by common shares in IPO and secondary financings, finished the year well below the levels of 2000.
Positive net cash flows into U.S. focus mutual funds are no longer overwhelming new equity offerings. But no investor panic yet.
The public continues to roll the money into mutual funds and Wall Street continues to roll out the new equity offerings. The Supply/Demand standoff more or less continued in April.