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A word of caution on SPACs, if you please

Bloomberg Opinion Today
Bloomberg

Textbooks will be written about the world-changing events of 2020, and one of them will surely be about the markets story of the year: special purpose acquisition companies. SPACs exploded in popularity and show no sign of slowing down in 2021, with celebrities, former politicians and big-name investors signing on to back the blank-check companies. But the trend raises questions — big ones — that need to be answered.

Investors in SPACs Need to Know the Real DealBloomberg's editorial board

SPAC Magic Isn't FreeMatt Levine

Goldman Sachs Is Right to Warn About SPACsChris Bryant

London Is Losing the SPAC Fight With New YorkChris Hughes

Bitcoin and SPACs Give 2021 an Early Retro FlavorJohn Authers

SPAC Superstar Chamath Palihapitiya Faces Some Awkward QuestionsChris Bryant

The Fed Can't Ignore Its Role in GameStop SagaJared Dillian

This is the Theme of the Week edition of Bloomberg Opinion Today, a digest of our top commentary published every Sunday.

 

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