Finance & economics | Buttonwood

Why the stockmarket is disappearing

Large companies such as ByteDance, OpenAI and Stripe are staying private

Illustration of a man with a bank for a head waving a handkerchief through a hole reminiscent of the Looney Tunes closing scene
Illustration: Satoshi Kambayashi

The law of supply and demand is one of the first things that students of economics learn. When the price of something goes up, producers bring more to market. What, then, is going on in global stockmarkets?

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This article appeared in the Finance & economics section of the print edition under the headline “Was it all a dream?”

From the April 20th 2024 edition

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