Financial Times (November 13)
2011/ 11/ 15 by jd in Global News
“Stock markets have long played a critical role in the global economy, funnelling the wealth of individuals to businesses in need of money to expand…..they have helped turn trading nations into empires, created a multibillion-dollar savings industry and fuelled the growth of 21st-century titans such as Google.” Yet, IPOs have dropped off dramatically in recent years. Experts are divided as to whether this is a temporary change linked to economic upheaval or the sign of a fundamental shift.
Tags: Economy, IPOs, Stock markets, Wealth
