SPAK News and Press, Defiance Next Gen SPAC Derived

2023-07-19 19:27:57 ET Summary Investors today are desperate for additional sources of income to maintain their lifestyles in the current inflationary environment. Saba Capital Income & Opportunities Fund invests in a unique portfolio of CEFs, SPACs, and traditional stocks and...

2023-04-17 11:45:00 ET Summary Poor market conditions effectively shut down the U.S. IPO (initial public offering) market in 2022. We analyzed previous IPO droughts (2003 and 2008) to assess when the market may rebound. Despite strong performance on the day of issuance, companies ...

Summary Two years ago, in the best article I've ever written, I identified 10 investment bubbles that would likely produce poor long-term returns. But I also pointed out that hiding in cash was not the best alternative. So, I shared over 11 individual investments that I thought woul...

Two exchange traded funds focused on special purpose acquisition companies, or SPACs, have closed their doors this month, as investors shift their interest away from this once-sizzling part of the financial world. The Defiance Next Gen SPAC Derived ETF ( NYSEARCA: SPAK ) and...

Two special purpose acquisition company exchange traded funds have closed their doors this month as investors shift their interests away from the SPAC world and more towards traditional safety plays. Market participants are now honed in on the fact that interest rates are set to remain ...

Summary To us, last Friday’s bloodbath signals that high volatility is back. Equity tends to suffer under high volatility. Furthermore, our view is that such high volatility could persist due to several fundamental forces at play, ranging from inflation, to interest rates, ...

Summary The Bull Case: A pullback into the 4165-4020 region. We then need to see the market hold this region and then turn back up to make one more high. The Bear Case: if we fail to make a new high above SPX 4330 and fall below the 4020 region then 2023 is likely setting up for a...

Summary Interest rates will move higher and remain in restrictive territory for longer than the market currently expects. The length of time required to drive inflation to low and stable levels remains uncertain. The Federal Open Market Committee expects the pace of rate incre...

Summary On 26 August 2022, Fed chair Jerome Powell spoke at the annual Jackson Hole Economic Symposium. His forceful language and deliberate references to the lessons of history laid to rest any hope that the Fed will shift away from its tightening strategy. Equity markets respond...

Summary The latest inflation data suggests that although the rate of rising has slowed, inflation is not going away just yet as the post-pandemic and war in Ukraine era evolves. Therefore, even though there are still reasons to own certain stocks in this market, the pickings may b...