US stock market to stop shrinking for first time in 23 years

10 pointsposted 10 hours ago
by JumpCrisscross
(ft.com)

4 Comments

gweinberg

9 hours ago

The idea that the stock market has been shrinking in any meaningful sense is kind of silly. Market cap means something, but the number of shares in a company by itself is meaningless.

HillRat

9 hours ago

If that's the article's metric, surely they note that corporations have executed literally trillions of dollars of stock buybacks over the past few years, right?

contingencies

9 hours ago

Record new issues is one of the classic signs of a bubble [...] The new big three IPOs will dwarf the entire amount raised during the [1999-2000] tech bubble even when accounting for inflation.