SPAC Market Spectacular Losses

The oversaturated SPAC market is continuing to get crushed in the new year as speculative stocks with little earnings fall further out of favor in the face of rising rates, while a growing number of deals were abandoned in the …

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BITCOIN had by far the most spectacular bubble in 300+ years.

The chart (bloomberg) featured in our new WELLINGTON LETTER shows the largest speculative bubbles in 300+ years plus bitcoin. Note that once the bubble implodes, its over! No second chance to get out. https://twitter.com/BertDohmen/status/1011686262736969728 https://twitter.com/OccupyWisdom/status/1011643094620569606 https://twitter.com/OccupyWisdom/status/1011639756592164867 https://twitter.com/OccupyWisdom/status/1011637774326394881