The Pied Piper of SPACs Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine. - The New Yorker (June 7, 2021) What is a SPAC? The SPAC, or special purpose acquisition corporation, is…
Cramer and a Recession + Cathie Wood is opening a new fund.
REUTERS writes: BOSTON, June 2 (Reuters) - Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when the…
Understanding Inflation
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