Let's take an historical look down memory lane and take the pulse of the ever exciting Initial Public Offerings of yore and now.
In the December quarter of 2004, there were 53 IPO's.
In the December quarter of 2005, there were 39 IPO's.
In the December quarter of 2006, there were 73 IPO's.
In the December quarter of 2007, there were 71 IPO's.
In the December quarter of 2008, there was 1 IPO.
In January of 2009, there were 0 IPO's.
So far in February of 2009, there has been 1 IPO.
It's as if we fell off a cliff and hit a brick wall.
Who Pays the Hormuz Toll?
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According to Rothbard’s first law of incidence, “ no tax can be shifted
forward.” That is, the person or company paying the tax cannot make the
buyer pay t...
1 day ago
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