[cwperkins]

Given the projected IPOs next year (Lyft, Uber, AirBnB) I think this is a little pre-mature. I think the bull market has another year in it. That being said I'm shifting some of my assets out of the market.

[ErikAugust]

I think it's interesting to note that those companies were born out of a recession, and their IPOs could mark the end of a boom.

[ceejayoz]

A handful of IPOs won't stave off a recession. (It's entirely possible to cancel an IPO, too.)

If I were a big pre-IPO company, I'd probably want to go IPO before the recession, in order to get operating capital to survive it.

[cududa]

A few tech IPOs does not make a strong stock market. Seems a bit silly to judge market health on tech having a few IPOs next year

[cwperkins]

I'm not, but its one of the things I track. A mixture of unemployment, yield curve us2y10y spread, deal activity are all things I look for to signal the end of a cycle. Tomorrow's job report will be interesting, but given all the other indicators I still think we're looking at a sideways to up market next year. Caveat being the risk of a recession elsewhere in the world and the contagion effect.

[maxxxxx]

Isn't them rushing to an IPO a signal that they think there will be a downturn?

[cwperkins]

Not refuting that a recession is coming, just that it won't be in 2019.

[maxxxxx]

Their IPOs maybe the last hooray. I hope it won't be as bad as 2002-2003 for tech employment. That wasn't much fun.