Bull market is on its last legs. Till how long will Central Banks continue pumping the economy with rate cuts n QE ?
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Not forever, that's all I know.
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But! The counter to that argument is that all these companies IPOing are way too late to IPO. I think the telltale sign is that none of these companies even need to IPO. Why does Lyft need to raise money?
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They're a wildly unprofitable company that has reached the entire planet. Shouldn't they now focus on making themselves profitable rather than spending more?
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Good post mate.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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