Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

IPOs Equal Risk Appetite

"There’s an old bear-market rule in banking: you know when a recovery is really underway when companies start to go public again. Unlike most of the industry’s guidelines, this one is actually pretty accurate - after all, if someone is willing to put money into a company with no trading history, that’s about as good a sign of the return of risk appetite as you can hope for."

http://theglobalperspective.com/?p=188