It's not "recession around the corner" as a main driver. Market is great now, but that will change when they interest rates go up, hence people wanna catch this boat before it sails.
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Market is great now? It's been going down steadily for several months, is nobody paying much attention aside from active investors? Today SPY just busted through it's 52 week low.
When companies are planning IPOs they do it months before. Was there a better time in the last 10 years?