SEC: Ignore SPAC King's Legal "Advice"
John Coates, acting SEC corporate finance director, calls out Chamath Palihapitiya by name and argues that SPACs aren't special after all.
Recent
More Money Flowed Into Stocks In 5 Months Than In The Last 12 Years
“Sentiment is in very worrisome territory as is valuation, yet money flows continue to push indices,” says Tobias Levkovich, Citi’s chief strategist.
Mark Mobius Surprisingly Sanguine About Stimulus And Emerging Markets
He thinks we're going to be in good shape this year, particularly with this incredible spending program which will find its way into the market.
Nouriel Roubini’s Worries About Another Financial Crash Aren’t Crazy
Roubini, who’s known as “Dr. Doom,” thinks the most obvious trigger will be Treasury yields rising above 2%. That could panic investors in all assets.
Inflation Is The Only Signal The Post-COVID Boom Will Hear
Budget deficits and public debt were thought to flash a warning sign until plenty of countries exceeded those limits last year without crashing.
Yellen War On Hedge Funds Heats Up After $10B Archegos Meltdown
Family offices big enough to trigger the biggest margin call in history are big enough to regulate. Rhetoric is cheap. Will is in short supply.
Jay Clayton: Yes, Bitcoin Regulation Is Coming
Former SEC chairman warns that even if crypto currency isn't formally a "security" the regulators will still seek to crack down on new assets.
