This Week in Review | Upcoming IPOs, US Jobs Data, Credit Card Delinquencies (June 5, 2026)

The economy and markets can feel dizzying and ever changing. That’s where we can help. Fisher Investments’ “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, Fisher Investments reviews: • Recent IPO Activity • May US jobs data • Rising credit card debt

Below are the sources for all data cited in today’s show: 1. Source: The Wall Street Journal, as of 6/2/2026. “Anthropic Files to Go Public in Blockbuster Year for IPOs”, by Kate Clark and Corrie Driebusch. 2. Source: The Wall Street Journal, as of 6/4/2026. “Terms Revealed for SpaceX’s Unconventional $75 Billion IPO”, by Becky Peterson and Corrie Driebusch. 3. Source: Warrington College of Business, University of Florida as of 6/2/2026. Returns from IPOs held 1980 – 2024 during the first/second year after issuing and averaged annually across the first five years. Compared to equally weighted average returns for all IPOs that are traded on Nasdaq, the Amex (now NYSE MKT), or the NY Stock Exchange at the start of a period. Forward returns are captured through 12/31/2025. 4. Source: Bureau of Labor Statistics, as of 6/5/2026. BLS Employment Situation Report, May 2025 – May 2026. 5. Source: Federal Reserve Bank of New York, as of 6/3/2026. US Credit Card Accounts Delinquent by 90 or More Days, 12/30/2011 – 3/31/2026. 6. Source: Federal Reserve Bank of New York, as of 6/3/2026. Quarterly Report on Household Debt and Credit, Q4 2025 – Q1 2026. 7. Source: Federal Reserve Bank of New York, as of 6/3/2026. Quarterly Report on Household Debt and Credit: Total Debt Balance and its Composition, Q1 2003 – Q1 2026. 8. Source: Federal Reserve Bank of St. Louis, as of 6/5/2026. Delinquency Rate on Single-Family Residential Mortgages, Booked in Domestic Offices, All Commercial Banks, Q1 2009 – Q1 2026. 9. Source: Federal Reserve Bank of St. Louis, as of 6/5/2026. US Household Net Worth, Q4 1987 – Q1 2026.

Want to dig deeper? • What recent IPO activity tells us about investor sentiment: https://www.fisherinvestments.com/en-us/insights/market-commentary/in-orbit-on-tech-sentiment-and-ipos • More on what rising what rising credit card delinquencies signal: https://www.fisherinvestments.com/en-us/insights/market-commentary/rising-credit-card-delinquencies-in-context

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