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But we saved everything 🙂.
Dave Collum, professor / financial commentator at Cornell University (Emeritus), raises a question about the impact of adding trillion-dollar IPOs to major indices.
He suggests that such large IPOs could pull passive capital flows away from existing equities in those indices.
Collum has previously questioned official inflation figures, citing rapid credit card balance growth and record low U.S. consumer confidence in a recent analysis. In a separate post, he discussed the minimum multiples of salary needed in pre-tax retirement accounts to retire at 65 for those with no other income here. His commentary continues to focus on factors that may affect long-term financial planning and data accuracy.