Mark Howard is concerned about the high valuation multiples being proposed for upcoming large technology IPOs.

Expert perspectiveMark HowardMay 14

Equity markets in Europe, Japan, and emerging economies have significantly less exposure to the artificial intelligence growth theme compared to the U.S. market.

Expert perspectiveMark HowardMay 14

Market participants have largely discounted risks related to private credit, the conflict in the Middle East, and China-Taiwan tensions.

Expert perspectiveMark HowardMay 14

The primary driver of current market risk appetite is a highly bullish outlook for artificial intelligence and the future availability of computing power.

Expert perspectiveMark HowardMay 14

Major private technology companies including SpaceX, Anthropic, and OpenAI are expected to launch large-scale initial public offerings.

Expert perspectiveMark HowardMay 14

The trend of very large, mature private companies going public indicates a growing convergence between private and public equity markets.

Expert perspectiveMark HowardMay 14

What Mark Howard has said