Business Insight Zone

Or at least some of them, are available in this USA Today story by Matt Krantz:

IPO market making noise again, but sell-off slows recovery

As the headline suggests, the IPO market would probably benefit from more of a bullish streak in the stock markets as a whole.

My take-home lessons, in brief:

• The IPO market remains much healthier than it was a year ago.
• It would benefit from a better flow of filings, and especially filings for offerings worth $500 million and above.
• The IPO recovery has been well distributed across industries, and there’s no reason to think that won’t continue.
• There’s been a mix of IPO debutants based in the U.S. and based elsewhere, which is also likely to continue. (It’s particularly interesting to note the assortment of IPO filers headquartered in China.)
• The IPO market thrives on overall market stability, even when the economy is down. The recent string of little slides in the NYSE and NASDAQ could disrupt the impression of stability and raise worries among IPO aspirants and their underwriters, thereby chilling the environment for offerings.
• The next IPO bubble is still nowhere in sight.

That’s how I see it for now.