If IPOs can serve as a proverbial "canary in a coal mine" for certain sectors and the market as a whole, how should we interpret some recent IPO news?

Adam Lashinsky at Fortune views the dearth of venture capital backed company IPOs as a plus for the economy in opposition to the dire comments by industry spokesmen.

The dearth of new offerings actually means that fewer low-quality companies will come to market, which means that fewer investors will get burned investing in substandard companies, which means that fewer people's next-door neighbors and cousins will lose their shirts in the stock market.

One area that is not lacking in IPOs is the investment banking sector. Jenny Anderson in the New York Times notes a couple of middle market investment banks with less than stellar financial results are coming to market soon.

These firms may enjoy a short-term pop, but some may lack an adequate diversity of earnings and have failed to prove they can make money in good and bad markets.

China has seen a dearth of IPOs this past year not because of a lack in demand, but becauase the Chinese government needed time to restructure government ownership stakes and some additional rules. James T. Areddy in the Wall Street Journal reports on the prospect for a revival in the Chinese IPO market.

Tyler Cowen at Marginal Revolution highlights a research piece that calls into question the value of so-called auction IPOs. Some researchers have found that in countries that have used auction formats, they often revert back to the standard pricing method. Google (GOOG) aside, the auction IPO method has not really caught on here in the United States.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.