One of the most common questions Deutsche Bank's Jim Reid is hearing from clients right now is whether the mega wave of equity issuance hitting the US market could trigger a broader sell-off. With headlines dominated by blockbuster IPOs and issuance volumes accelerating, it is a natural concern - but history suggests the fear may be misplaced.

Our equity strategists Binky Chadha and Parag Thatte have looked closely at prior issuance cycles, combining academic literature with empirical evidence from past waves.