Bloomberg Intelligence's 'Equity Market Minute' 10/14/2019

The video discusses the current state of the IPO market, addressing concerns about a potential market bubble. It highlights that supply is not overwhelming demand and that unprofitable IPOs are not receiving the same returns as in the 1990s. The analysis includes graphs showing deal counts and market exuberance, concluding that the IPO market is not a risk to stocks. A more discerning investor approach may sustain the equity bull market.

What are the two main factors discussed that could potentially affect the IPO market?

• High interest rates and inflation

• Government regulations and tax policies

• Technological advancements and market innovation

• Supply overwhelming demand and returns on unprofitable new issues

How do current deal counts compare to those in the 1990s?

• They are significantly higher now

• They have reached an all-time high

• They are about the same

• They are two to three times lower now

What does the data suggest about the current supply of IPOs?

• It is overwhelming the demand

• It is easily absorbed by the demand

• It is causing a market bubble

• It is leading to a market crash

How did investors in the 1990s react to unprofitable new issues?

• They avoided them completely

• They only invested in profitable companies

• They rewarded them with high returns

• They showed no interest

What is the current trend for unprofitable enterprises compared to profitable ones?

• Both are performing equally

• Unprofitable enterprises are trailing behind profitable ones

• Unprofitable enterprises are outperforming profitable ones

• Unprofitable enterprises are leading the market