This market went a little piggy: a capital-raising frenzy

<p>Astonishingly, companies have raised more capital this year <a href="https://www.economist.com/business/2020/12/09/companies-have-raised-more-capital-in-2020-than-ever-before?utm_campaign=the-intelligence&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">than ever before</a>. We ask how capital markets shook free amid the pandemic—and what will happen with all that cash now. Our correspondent finds just how dependent the world’s waste-management industry is on informal workers, whose hard jobs have been made far harder this year. And <a href="https://www.economist.com/science-and-technology/2020/12/12/super-loudhailers-are-becoming-louder-still?utm_campaign=the-intelligence&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">the technology</a> making megaphones much more mega.</p><p>For full access to print, digital and audio editions of <em>The Economist</em>, subscribe here <a href="http://www.economist.com/intelligenceoffer" rel="noopener noreferrer" target="_blank">www.economist.com/intelligenceoffer</a></p> &#10;&nbsp;<br /><hr><p style='color: grey; font - size: 0.75em; '>See <a style='color: grey; ' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>