3min chapter

The Compound and Friends cover image

Michael Cembalest Takes Us to School

The Compound and Friends

CHAPTER

The SPAC Market Is Open to Profitless Companies

Wall Street strategists, pretty bearish. Their S&P 500 target points to the most bearish second half outlook on records. Do you think they'll ever be another SPAC wave again? If there is, I will do everything in my personal power to stop. John MacIntosh: All they're talking about is that you get a retrace- Too far too fast ...with the multiple expansion.

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