This Is Going to Be Worst Year for IPOs Since the Credit Crisis

Here lies the IPO market of 2016, the quietest year for listings since the financial crisis.

Despite the S&P’s 11 percent gain, despite the average 18 percent return for successful IPOs, despite volatility that eased from 2015, the last 12 months have seemed as silent as a graveyard for deals. Going by the number of listings and the amount raised, it hasn’t been this dead for offerings since 2009.