Skip to content
Subscriber Only

Unicorns Are About to Chew an $80 Billion Hole in the Surface of Stocks

  • Will a mega-load of share sales be a stock volatility creator?
  • ‘Point at which supply overwhelms demand’ is where rallies die
Video player cover image
Why a Surge in IPOs Could Pose a New Threat to U.S. Stocks

Investors have lived through a lot lately, from the Christmas week apocalypse to last year’s Volmaggedon. Now they’ll see if they can survive a new threat: rampaging unicorns.

It’s a question of resilience -- will markets hold up when their increasingly delicate surface is burdened with a cargo of new supply? Bloomberg data shows sales of equity are set to surge in 2019, a deluge with the potential to create more stress for the longest bull run ever.