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Happy Birthday, ‘Murica … And New Stocks – Morning Linkfest (July 3)

Your daily dose of some of the best reads elsewhere on Wall Street


As we get ready to celebrate America’s birthday with parades, fireworks and backyard barbecues, let’s not forget those brave investment bankers and venture capitalists that brought us new stocks in the beginning half of this year. The IPO market has been fire this year, and in fact, we’re on pace to eclipse last year’s hefty numbers. Here’s Russ Garland at the Wall Street Journal breaking down the numbers.

Mashable (Seth Fiegerman): Tech has been the biggest source of new IPOs this year. Some have fared pretty well, others not so much.

WSJ/MoneyBeat (Maureen Farrell): Despite being the biggest IPO of all time, Chinese tech firm Alibaba (BABA) might have trouble getting Americans to buy its stock.

Sober Look (Staff): The rise in IPOs is also being buoyed by the rise in mergers & acquisitions.

Rick Ferri Blog (Rick Ferri): Speaking of short term, short-term bonds actually might be doing you some harm if you just parked your cash to wait for rising rates.

BusinessWeek (Wes Goodman and Kristine Aquino): A better bond bet? Try the land down under.

BeyondBrics (Staff Video): The Chinese renminbi or yuan offers an interesting play as well. Even though it’s not free-traded or allowed to float.

The Reformed Broker (Josh Brown): Your broker should take that July 4 vacation early. It’s a sign of confidence in the market and economy.

The Bleacher Report (R. Cory Smith): Nothing is as American as a hot dog. And nothing could more American that eating 69 of them in about five minutes.

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