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the test macro macro empirical, May perspective, IPO restart no suspense. IPO starting gun for the May stock market brings lethality. And bring to the market a greater psychological pressure. May restricted shares lifted the market value of 121.86 billion, an increase 44.296 billion, May 26 has restricted shares lifted GEM companies, lifting the market value of 31.253 billion yuan in total for the year of the GEM market value of the company the second-highest single-month ban . Currently, the domestic economy is still in the throes of reform process, the next will be on the market a certain suppressed. Short-term market is still poised on a concussion, IPO restart, the economic downturn, as well as other bad policy stimulus is less than expected, still need some time to digest. From a historical point of view the law, often 4-5 months each year is a watershed in the market, the capital market has always been a "turning seven five six absolutely poor," the proverb. In 2010 and 2013, after

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