Sunday, December 20, 2020

Capital Records: Companies Raise $3.6T from Public Investors in 2020

An unprecedented year keeps surprising. Who would have thought that in the mist of the biggest shock to the global economy in a century, corporations would raise a record amount capital from investors? Data below shows companies were able to raise to a stupendous $3.6T from record issuances of IG ($2.4T), BIG ($426B) debt and secondary stock sales ($538B) on the back of extremely accomodative central bank actions. (IPOs hauled in another $236B)

What does it mean? Success of monetary policies to stave of economic disaster? Or more moral hazard that will cause a bigger crisis down the line? Or both? 

No comments:

Post a Comment

Arabs are White, Because Jesus Can't be Brown

The history of Arab American identity is complex. The first major period of Arab migration to the U.S. began in the 1880s and coincided wit...