Tag: market bubble

The SPAC Market Tanked at Start of 2022, Facing Major Losses

The SPAC market faced more bad news in January, as speculative stocks with little earnings took a dive at the beginning of the year, in the face of rising interest rates in an oversaturated environment. A rising number of major deals have been abandoned so far this year. SPAC stands for a Special Purpose Acquisition…


NTD Business Full Broadcast (Jan. 22)

President Biden signs more orders today, including giving more people food stamp benefits, paying more to federal workers, and restoring union powers. The Nasdaq hits an all-time high. We talk to Peter Schiff about why investors will be caught when the bubble bursts. House prices are also at the highest point in years. Is now…