EPI 034 - Market Lessons From 2020

Published: Dec. 14, 2020, 1 p.m.

What more do investors need to see in the markets this year to keep surprising all of us. The Feds liquidity was not only a driving force for this year market rallies, but we have recently seen a tremendous amount of hype in the IPO market - things we have not seen since 1999. There have been 27 IPOS that doubled in a day between 200 and 2019. This year in comparison, we have seen 19, with the most hype surrounding DoorDash and Airbnb.

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The original purpose for IPO's was to help small companies seeking extra capital to help expand and reach status to provide shareholder value over time. The question this now, will these IPO's sustain such high valuation when you can easily argue they are simply listing to subsidize liabilities or early investor capital gains.

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In 2020, the market keeps producing occurrence that trigger red flags to an observant and strategic investor. Join us for this episode where we discuss the madness and trends heading into the new year and an ongoing global pandemic.