Global equities are in a shit show right now … stocks are tanking across the board.
The Coronavirus (covid-19) is taking it’s toll on equities around the globe right now.
Warner Music Group and Cole Haan have already delayed their 2020 IPOs, and I’m wondering who’s going to be next to cancel their IPOs.
We all might be waiting a little longer than anticipated for some of the hot IPOs of 2020… many of them will probably go public in 2021.
It’s going to be an interesting year in 2020. All the “Stocks never go down during an election year” talk is getting kind of humorous now.
We’ll see how global equities play out in 2020, but the start is not looking good.
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