Hedge Fund Giant Warns of SPAC Collapse After Betting $1 Billion! Begins Heavy Shorting

source / The Money GPS

The SPAC craze has been pushed to new heights. New money flowing in from every direction. Valuations off the charts. But what about the performance? Well one quick look has shown this has not been the best place for hard earned savings, that’s for sure. Speculation is rampant and this is one very clear and obvious example. Will it end well? Likely not.

$GPS

Marshall Wace Hedge Fund Giant Warns of SPAC Blow-Up After Betting $1 Billion – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-20/hedge-fund-giant-warns-of-spac-blow-up-after-betting-1-billion

archive

IPO Index | SPAC Index

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Exhibit 5: The SPAC boom has continued in early 2021

as of February 18, 2021

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Exclusive: Fed Chair Powell says won’t allow ‘substantial’ overshoot of inflation target – April 8 letter to U.S. senator | Reuters

EXCLUSIVE Fed Chair Powell says won’t allow ‘substantial’ overshoot of inflation target – April 8 letter to U.S. senator

The U.S. economy is going to temporarily see “a little higher” inflation this year as the recovery strengthens and supply constraints push up prices in some sectors, but the Federal Reserve is committed to limiting any overshoot, Fed Chair Jerome Powell said in an April 8 letter to Senator Rick Scott.

Exhibit 6: Most sectors saw outflows last week

BofA client net buys by sector ($ mn)

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Exhibit 4: Four-wk. avg. flows turned negative for the first time in eight weeks

BofA client total net buys 4-wk moving avg ($ mn) and S&P 500, 2008-present

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Chart 27: Buybacks are accelerating and now at record levels

Corporate clients (4 wk. avg, $ mn)

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Exhibit 8: Purchases were driven by retail

BofA client net buys by client type ($ mn)

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Dogecoin ($DOGE) Cryptocurrency at $50 Billion Is Bigger Than Ford #DogeDay – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-20/dogecoin-at-50-billion-makes-it-bigger-than-ford-and-kraft

archive

Palladium Surges Toward Record With Demand Rising Amid Shortages – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-19/palladium-surges-toward-record-high-amid-deep-market-deficits

archive

Global Tax Gains Momentum With Dutch Minister Seeing Summer Deal – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-20/global-tax-gains-momentum-with-dutch-minister-seeing-summer-deal

archive

Houses in Greater Boston cost more than ever last month – The Boston Globe

Houses in Greater Boston cost more than ever last month – The Boston Globe

House prices continued their surge in Greater Boston last month, with the typical single-family house now costing nearly $725,000 – the highest on record – and the supply of properties for sale remaining at rock-bottom levels.

archive

Amazon Does Haircuts Now – WSJ

Amazon Does Haircuts Now

Amazon. com Inc. opened its first hair salon Tuesday. Located in London’s Spitalfields shopping district, Amazon Salon offers hairdressing services dressed up with technology, including augmented-reality hair consultations. The two-storey, 1,500-square-foot store also includes entertainment streaming on Amazon Fire tablets and a test of a new “point and learn” experience for bricks-and-mortar retail.

archive

Schumer calls for marijuana to be decriminalized by next year’s 420

Senate leader Schumer calls for marijuana to be decriminalized by next year’s 4/20

Senate Majority Leader Chuck Schumer on Tuesday reiterated his call to legalize marijuana at the federal level, saying he hopes to see an end to the drug’s prohibition by next year’s 4/20.

SPAC IPO are seeing more cash, money, debt flowing in while their performance drops. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.

— APPENDICES —

• The Money GPS: How To Get Rich FAST: Take the Maximum Possible Risk. Collect Profits.

• The Money GPS: How To Invest Making BIGGER Gains and Less Risk! Full Strategy Explained

• The Money GPS: BITCOIN VS. GOLD VS. STOCKS VS. REAL ESTATE

• The Money GPS: Heavy Inflation Commodities Supercycle! How Investors Profit From A Devalued Currency

• The Money GPS: Inflation is Coming, What Can I Do? How To Reduce Your Inflation and Potentially Profit

• The Money GPS: ALERT: The Big Short Michael Burry Gets Visit From SEC! Final Warning Created Panic.

• The Money GPS: This is HOW the Global Economy Can Collapse and How To Prepare

• The Money GPS: Food Shortages, Prices Rising, Commodities Up Sends Chilling Warning About Potential Crisis

• The Money GPS: The Untold Truth About Money. Inside the Failing Financial System Master Plan – Mini Documentary

• The Money GPS: How To Get Out of An Economic Crisis. Action Steps To Excel, Prosper, and Prepare!

• The Money GPS: If You’re Dealing With Unemployment, Wage Cuts, or Crisis THIS Is What You Must Do

• The Money GPS: Who Controls the World? These Organizations, Institutions, and Families Run the Show

• The Money GPS: Rothschild and Rockefeller Team Up With the Vatican! Follow the Money…

• The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?

• The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE

•

— The Money GPS: Swaggystocks.com is an interesting look at retail trading. Cut through all the nonsense and simply look at the data (Instagram Feb 21, 2021)

— The Money GPS: Swaggystocks.com shows you exactly what’s going on with the retail traders. Ignore the garbage on the actual boards and just get the data (Instagram Feb 21, 2021)

— The Money GPS: Bitcoin $240,000? (Instagram Feb 17, 2021)

— The Money GPS: TOP 2 TRADES FOR 2021 (Instagram Feb 15, 2021)

— The Money GPS: Commodities for 2021 — Boom or bust? (Instagram Feb 14, 2021)

— The Money GPS: Leave your emotions at the door investing is strictly business (Instagram Feb 13, 2021)

— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)

— The Money GPS: Brandon Dawson. One guy to watch out for as an investor to see what he’s doing and compare. (Instagram Feb 12, 2021)

— The Money GPS: REAL Unemployment Rate 10% (Instagram Feb 11, 2021)

— The Money GPS: Zoom out and see what you’re doing objectively (Instagram Feb 7, 2021)

— The Money GPS: SPAC IPO trend getting out of hand (Instagram Feb 6, 2021)

— The Money GPS: Citadel made lots of money from the retail traders (Instagram Feb 5, 2021)

— The Money GPS: Oil, commodities rising. Price will impact consumers. (Instagram Feb 5, 2021)

— The Money GPS: GME and AMC attracted many buyers. Illiquid stocks/micro cap stocks are now trendy. Be careful. (Instagram Feb 4, 2021)

— The Money GPS: Silver rockets higher (Instagram Feb 2, 2021)

— The Money GPS: Silver squeeze next? (Instagram Jan 31, 2021)

— The Money GPS: ETF loses 80% of assets! (Instagram Jan 31, 2021)

— The Money GPS: The Fed will not pop the bubble (Instagram Jan 30, 2021)

— The Money GPS: Wall Street Bets on Reddit is adding millions of people. Retail traders needed to keep the prices going higher. (Instagram Jan 30, 2021)

— The Money GPS: Jim Cramer says don’t go for grand slam. What do you think? (Instagram Jan 29, 2021)

— The Money GPS: Robinhood caps hot stocks like #gme to 1 share! (Instagram Jan 29, 2021) – archive

— The Money GPS: STOCK MARKET TUMBLES as GME soars (Instagram Jan 29, 2021)

— The Money GPS: Find a company you thought was no longer in business, buy some shares, get rich quick. Is that what’s seriously happening right now?! (Instagram Jan 29, 2021)

— The Money GPS: Hedge your bets like @mcuban ? (Instagram Jan 28, 2021)

— The Money GPS: Fed won’t pull the plug right? (Instagram Jan 25, 2021)

— The Money GPS: Delaying the inevitable pain. (Instagram Jan 25, 2021)

— The Money GPS: Money flooding into stocks (Instagram Jan 24, 2021)

— The Money GPS: 2 ears, 1 mouth — use in that ratio. (Instagram Jan 23, 2021)

— The Money GPS: Buy the biggest shorts? (Instagram Jan 23, 2021)

— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)

— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)

— The Money GPS: Moving south? (Instagram Jan 21, 2021)

— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)

— The Money GPS: Janet Yellen will you go “big”? (Instagram Jan 19, 2021)

— The Money GPS: Time to move? (Instagram Jan 19, 2021)

— The Money GPS: Never stop (Instagram Jan 18, 2021)

— The Money GPS: Invest in yourself first (Instagram Jan 18, 2021)

— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)

— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)

— The Money GPS: Aim Higher (Instagram Dec 17, 2020)

— The Money GPS: Never lose money (Instagram Dec 16, 2020)

— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)

— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)

— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #bitcoin #crypto #china #CBDC pic.twitter.com/JVCnwV2vI2 / Twitter”

CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #bitcoin #crypto #china #CBDC pic.twitter.com/JVCnwV2vI2

The Money GPS on Twitter: “RIDICULOUS. A deli valued at $100 million? Am I dreaming? pic.twitter.com/XAgmyH7pqv / Twitter”

RIDICULOUS. A deli valued at $100 million? Am I dreaming? pic.twitter.com/XAgmyH7pqv

The Money GPS on Twitter: “”HIGH RISK” #HOUSING MARKET. So what will be done? Nothing. #Mortgage rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest #bubble and it’s not just #Toronto pic.twitter.com/vQvu8gGByK / Twitter”

“HIGH RISK” #HOUSING MARKET. So what will be done? Nothing. #Mortgage rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest #bubble and it’s not just #Toronto pic.twitter.com/vQvu8gGByK

The Money GPS on Twitter: “FOOLISH. Tell people not to brag about their investment in stocks. Brag about your 2×4’s. Brag about your dark roast arabica beans. Compare S&P to these as just a few things have gone berserk in that timeframe to put it into perspective. But #inflation is 1.5%? #lumber #stocks pic.twitter.com/9oMTRiTXKo / Twitter”

FOOLISH. Tell people not to brag about their investment in stocks. Brag about your 2×4’s. Brag about your dark roast arabica beans. Compare S&P to these as just a few things have gone berserk in that timeframe to put it into perspective. But #inflation is 1.5%? #lumber #stocks pic.twitter.com/9oMTRiTXKo

The Money GPS on Twitter: “”Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A / Twitter”

“Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta

— PLAYLISTS —

• The Amazon GPS – Mini YouTube eCourse

• The Money GPS – How To and Solutions

• The Money GPS Easy eCourse

• How To Fix the Economy

How To Fix the Economy – Introduction

How To Fix the Economy – Bailouts

How To Fix the Economy – Food

How To Fix the Economy – Central Bank

How To Fix the Economy – Manufacturing

How To Fix the Economy – Financial Markets

How To Fix the Economy – Media

How To Fix the Economy – Overseas Investment

•

The Money GPS on Twitter: “Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them. pic.twitter.com/kF9UV6euK0 / Twitter”

Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them.

— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)

The Money GPS on Twitter: “The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT / Twitter”

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT

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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money​ #IPO​ #SPAC

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