
Ep 387. Bank Stock Sell-Offs, Higher Interest Rates, and JetBlue + Spirit Airlines Merger Arbitrage
Focused Compounding
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Is the SPAC Stop Having a Big Effect?
The number of airlines on average has been declining for 20 some years or something, but that's not that weird like Um It's hard to say how much of an effect that has and everything because we've talked about public companies. In the united states almost no banks were being formed after the financial crisis so it doesn't immediately have a huge effect The fact that no banks are formed in 2010 2011 2012 isn't having a huge effect But In the long run it may have a big effect um And so yeah, I mean that was one of the very big points that I took away from the government statistics on that is how much the Increase was purely from about a 15 or so year period.
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