Credit Suisse's Amine on Post-Election Markets, Tech M&A

The transcript discusses post-election market trends, highlighting increased trading volumes and sector rotations. It examines the impact on technology stocks, particularly in light of potential protectionist policies. The discussion also covers the anticipation of large private technology companies entering public markets in 2017, driven by liquidity needs and acquisition strategies. Additionally, it addresses market volatility and its effects on IPO performance, noting a shift in investor focus towards secondary offerings.

What sector saw a significant increase in trading volumes post-election?

• Healthcare stocks

• Technology stocks

• Cyclical stocks

• Defensive stocks

Which stocks were affected by the initial speculation about Trump's policies?

• FANG stocks

• Pharmaceutical stocks

• Energy stocks

• Infrastructure stocks

What is one reason for the anticipation of a Snapchat IPO?

• Protectionist trade policies

• Increased regulation of social media

• Investor positioning for large IPOs

• High foreign trade percentage

Why might large private tech companies consider going public in 2017?

• To reduce operational costs

• To avoid new regulations

• To gain more liquidity

• To increase their market share

What has been the biggest mover of equities since 2008?

• Foreign investments

• Corporate share repurchases

• Government bonds

• Individual investors

What was a significant factor affecting IPO performance in Q4?

• Market volatility

• Increased number of IPOs

• High investor demand

• Stable pricing environment

What trend was observed in secondary offerings in the last four to five weeks?

• Decrease in demand

• Stable market conditions

• Increase in financial sponsor companies

• Decline in stock prices