FNDA - Is The Fed's Liquidity Splurge Coming Home

• Blank check companies, SPACs, have been one of the bright spots of the Pandemic Period, but now there is some concern that they are not living up to their hype.
• Overly optimistic earnings forecasts have not worked out and now there is great concern that failure will begin to mount in this area.
• SPACs benefited greatly from all the money the Federal Reserve poured into the financial markets to combat a possible financial collapse in 2020 as the pandemic spread.
• But, now, many SPACs seem to be troubled because of the euphoria built up as the Fed pumped more and more money into the financial stream.
• Other areas of the financial system also seem to be facing similar difficulties, like crypto assets, as the Fed prepares to deal with the Russian invasion and inflation.

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