The IPO market imploded in 2022. But it is not as bad as people believe. 2021 was an outlier. We are more back to the levels of 2019 and 2020

With help from the Bank of Japan, Bank of England, and Peoples’s Bank of China, the liquidity may be a little bit better, giving a welcome relief to the stock market.

Around 72 per cent of the quarterly reports in the S&P500 index have been better than expected, relieving the market. But good Q3 reports from the banks must be followed by equally good Q3 reports from the IT companies. Last night IT reports did, however, disappoint the market, including Google and IBM. Today’s trading will be telling

The overall trend for the stock market is still negative - so if you follow the market upwards, please be on the alert to hit the escape button

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