Quotes from the news wire:
If you look beneath the surface, you see a tale of two consumers, those in the hardest-hit industries who have lost their jobs, those are the folks who are really struggling. The other side of the equation is the people who can work from home. Our lives haven't been completely disrupted.
Found on CNN 4 years ago
While consumers have some cushion in savings, that's going to run out very quickly -- especially with the holidays approaching.
Found on CNN 4 years ago
These vehicles are taking companies with limited track records or information available public, sPACs often have a higher risk profile than an IPO because you don't know what company the SPAC will ultimately invest in.
Found on CNN 4 years ago
The last boom in SPACs was in 2007, so there is concern that this is a sign of exuberance.
Found on CNN 4 years ago
I think the interest reflects the lack of growth opportunities in a market with stretched valuations.
Found on CNN 4 years ago
Second-quarter estimates continue to be reduced. That's telling you there's a lot of caution. That's coming from corporate management teams as they provide guidance and the market is following their lead, we're still in a wait-and-see mode regarding the direction of the economy so nobody's willing to go all out in the market right now especially with valuations at a premium.
Found on Reuters 5 years ago
The market is on a wait-and-see mode until the Fed announcement, as well as any implication out of China, Mexico, Canada with regards to trade.
Found on Reuters 6 years ago
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