IPO Frenzy Hits 1929 Levels, Signaling Possible Market Crash
U.S. companies are racing to raise $260 billion in IPOs this year, a volume not seen since the 1999-2000 dot-com boom or the 1929 crash. Analysts warn that such exuberance often precedes a sharp market correction, and some forecast a 40% equity drop within a year if the trend continues.