SPAC Model for EV Startups Takes Hit as Lordstown Motors’ CEO, CFO Leave After “Inaccuracies”
Bloomberg reports on the fiasco at Lordstown Motors, where "inaccuracies," in reporting have seen the CEO and CFO leave the company. Christine Watkins writes:
Lordstown...
An Economic Recovery Like No Other
The current economic recovery is like no other recovery on record. Economic activity is snapping back much faster than it ordinarily would.
The reason for...
Former Head of Fed Market Analysis: High Inflation Will Cause Problems
The former head of monetary and financial market analysis at the Fed, Brian Sack, has warned that higher inflation will be a problem for...
The Fed Has Forever Changed the Corporate Bond Market
Citigroup points out here exactly which day the Fed crossed the red line of intervening in private markets. Every economic downturn will now come...
Can Robinhood and SoFi Bring IPOs to the Masses?
For most of history, initial public offerings have been a walled garden for many investors, who were unable to gain access to their benefits....