2min chapter

Forward Guidance cover image

SPACs Are Bonds, Actually | Louis Camhi

Forward Guidance

CHAPTER

Do We Need All These Banks?

I don't see what the structural trends are for banks, especially trading stocks. I think there are some banks and there are SPACs. We had like 700 SPACs at one point and that number has come way down. And so you kind of have this question of, do we need all these banks? If these banks were to consolidate, is that a good thing or a bad thing? So I just have more questions than answers.

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