This was supposed to be the year when initial public offerings (IPOs) came roaring back. Late in 2024 stockmarkets were hitting all-time highs and a cluster of privately owned superstars, with valuations in the tens or hundreds of billions of dollars, were preparing to go public. But now the market is frozen. As the world’s trading system disintegrates before bosses’ eyes, deals of all sorts, whether IPOs or mergers, have ground to a halt.
Yves here. This post usefully estimates how deep and durable the costs of war really are. The subtext is that...
Just received this doc frm DOJ Proof that Biden Atty General Merrick Garland+ Deputy Atty General Lisa Monaco+ FBI Dir...
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 closed • Shanghai increased 21.731 points...
A major MAGA civil war erupted into the open in the last week, pitting Tucker Carlson and other “America First”...
In this pool photograph distributed by the Russian state agency Sputnik, Russian Prime Minister Mikhail Mishustin (R) arrives at the...
In a recent comment, Professor Hülsmann responds to my article in which I explain Ludwig von Mises’s classification of money...
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