Wall Street’s Hottest Financing Tool Makes Me Worry About the Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shaq, Playboy and Nikola are all on the blank-check bandwagon, part of a boom in SPACs that jmackin2 says is unsettling

Spotting asset bubbles is hard because there is almost always a good underlying reason for what’s going on. Canals, railways and the internet really were going to revolutionize the economy. The mistake with bubbles is that prices disconnect from what the new development will justify. The difficulty for those of us trying to spot bubbles is to tell how much is really justified, and how big the disconnect will become.

Today there are two obvious bubble candidates, and as usual, both come with good underlying reasons for their...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

jmackin2 You mean money? Yeah I’m worried too

jmackin2 good

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks fall on Wall Street as coronavirus spreads in EuropeU.S. stock indexes erased much of their early losses and closed modestly lower Thursday, extending the S&P 500's losing streak to a third day. It never left the USA because we're 1! cmc4diversity It’s about time the stock market catches up with reality that many of us face. Sooo . . Trump not doing a good job in Europe, either. But wait, don't they have socialized medicine?
Source: latimes - 🏆 11. / 82 Read more »

Here are Wall Street’s favorite stocks for an election-relief rallyThe stock market has staged long rallies following the past nine presidential elections. Until then, expect some volatility. Here are Wall Street's favorite stock for an election-relief rally:
Source: MarketWatch - 🏆 3. / 97 Read more »