SPACs—or special purpose acquisition companies—were once the darlings of Wall Street, but now they’re flailing, contends an article in The New York Times. The function of SPACs is to sell…
Day: June 6, 2022
Strategist With Spot-On Record Predicts Stock Surge
The recent rally in the U.S. stock market could be even stronger than it look, reports an article in MarketWatch. Though the S&P 500 is up 6.6%, the Nasdaq Composite…