Hot Reads: SPAC Frenzy Fading

Plus, why a rolling recession is our best-case scenario, according to Schwab’s Sonders.

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The End of the SPAC Experiment (Morningstar)
Investors lose interest amid big losses and the drying up of mergers between SPACs and public companies.

 

Liz Ann Sonders: Rolling Recession Is Best-Case Scenario (FA Magazine)
Many indicators already signal a recession.

 

Powell: 'Very Premature' to Discuss Pausing Interest Rate Hikes (Yahoo Finance)
The Fed raised interest rates Wednesday by 75 bp while hinting at a potential slower pace in the future.

 

What Happens After Fed Rate Hike? (Kiplinger)
Here's what the pros are saying.

 

Is Musk-Driven Dogecoin Surge a Warning to Twitter? (Advisor Perspectives)
The bursting of social media's ad-funded bubble is creating big market waves.

 

Asset Owners 'COP' in on Climate Change (CFA Institute)
As COP27 is set to kick off, 85% of asset owners believe ESG is "very" or "fairly" material to investment policy.

 

Animal Spirits: A Housing Recession (A Wealth of Common Sense)
Plus, why most people don't care about the bear market.

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