If all the musicians in Salzburg had become investment managers with investments in India, I don’t see them on the streets of Bombay either!

Hello again, sir. Looks like you’ve still got your finger on the pulse of this market. Now that I’ve learned to keep an eye out for it, I see three different IPOs on the calendar for this week.

As the slowdown in the West intensifies, emerging markets continue to perform. Three of the top 10 global IPOs were Chinese, and Chinese and Indian companies between them raised a whopping $12.6 billion over the first quarter.

“With the grand exception of Visa Inc.’s IPO, March was a month filled with misery for the U.S. IPO market,” reports The Wall Journal.

Turns out March will be the slowest month for IPOs since August 2003, with a measly three IPOs.

Like the broader market, which experienced wild mood swings during the month, IPOs suffered from investor panic in March as the credit crisis enveloped more firms and economists began to speak more assuredly of a recession ahead.