November’s equity market action represented a rolling, upward boil relative to the sour-and-sweet (sharp downward spike, followed by a snapback rally) of October. It also hinted at presence of the “Goldilocks” economic environment (“not too hot, not too cold”) a number of economists believe us to be experiencing currently. Attached please find our high-level review of US equity, equity-linked and debt capital markets new issue activity for the month.
Read the full PDF here: CapMkts Monthly – November ’14