The worldwide IPO market in coming quarters faces possible turbulence from intensifying regional conflicts, the uneven pace of monetary easing and “an election super-cycle,” EY said, noting that more than 50% of the world’s population generating nearly 60% of global gross domestic product goes to the polls this year.
Election outcomes “may prompt changes in government spending, debt levels, interest rate policies, currency strength and global supply chains,” EY said. READ MORE