Price. Peloton fell sharply in the first day of trade, down another 5 endeavor pulled the plug on its offer late last night. A headline in the times asks is the ipo party over bob greifeld, chairman of virtue financial, and author of the book market mover. Lessons from a decade of change. Great to have you back happy friday great to be here. We would love you to help us draw a thread through some of the ipo pricing weve seen this week, the offers that have been pulled what should investors be keeping in mind right now . Well first, i would say we have to recognize the ipo market generated over 50 billion of capital this year. I remember back in 2003 when i started with nasdaq, we had zero ipos and zero dollars raised lets keep it all in context i also want to make clear you have a number of ipos that have come public which are not nyow making money peloton yesterday, their market cap is 10 billion thats about ten times revenue to me, when i hear and read about whats wrong with the ipo
Guard. This morning were asking you, what role do you seek when it comes to College Campus protests . Republicans can call 202 7488001. Democrats can call 202 7488000. Independent collars can cal 202 7488002. If you want to text us, you can use 202 7488003. Otherwise, you can catch up with us on social media. A very good monday morning to you. This is the headline. Protesters faced Police Crackdowns across the u. S. At least 900 have been arrested on College Campuses in the past few days. It is the largest response to campus activism in years. This weekend on face the nation, it was Mitch Mcconnell who was asked about these protests and what kind of response the government has. Here is what he had to say. [video clip] the First Amendment is important, but it does not give you the ability to claim that there is a fire going on. Because it threatens everybody else. What needs to happen at the beginning is that these University President s need to get control of the situation. Allow free
N. A. T. O. Summit held in washington d. C. Featuring the ambassador to the alliance julianne smith. Live coverage here on cspan2. 75 years old this april and much to celebrate, the alliance is larger and more united than before, addition of finland and sweden added military to the roster and new defense plan and after decades of underfunding, n. A. T. O. Supported ukraine in recognition of the mounting russian threat. These causes for celebration, however, are juxtaposed with a deteriorating security environment including russias illegal war of aggression against ukraine and a collection of Unfinished Business from last year summit. So securing the future of the most successful alliance will require this years summit to be one of implementation. Come july, n. A. T. O. Will be expected to take action for the underequipped Industrial Base and frank and demonstration of plans for new challenges including respond the area responsibility. How will this feature in the Washington Summit agen
Planned for by investors lets bring in david rosenberg, and scott ren from wells fargo you got me david, let me start with you give me your reaction. Dac david, give me reaction to this mornings report right can you hear me okay i can hear you, there was somebody else in my ear as well. Somebody ordering pizza, i dont know may have been look, i think that it could be a stretch, inflation, we have a situation everybody believed we would get a first big quarter because of the tax cuts and income gains were going to see, without realizing a good chunk of income gains are going to be siphoned into the gas tank, what the retail sales member told you. So much of the Fourth Quarter premised on Consumer Credit binge. The fed report highlighted that yesterday. Bit of a credit hangover and relentless increase in gasoline prices attracting the retail picture inflation number i think was easy to call in my opinion, dont know why everybody thought we would get streams of. 2 to perpetuity the dollar