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But we saved everything 🙂.
Equity financing costs, which spiked around the time of the SpaceX IPO and other equity raises, have now dropped to levels near four-year lows. Liz Thomas questioned whether the upcoming Anthropic IPO might cause these costs to rise again.
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Liz Thomas recently highlighted that the S&P 500 is up 14% year-to-date, attributing the advance to strong forward EPS growth despite pressure from valuations in her report here. In a separate note, she pointed out that defensive sectors such as consumer staples and health care led early trading while more risk-oriented areas underperformed, as detailed here. These observations frame her latest commentary on potential shifts in equity financing costs around upcoming IPOs.