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Wall Street Wins Again… the SPAC Edition

Wall Street Wins Again… the SPAC Edition
Specialist Patrick King works on the floor of the New York Stock Exchange, on Jan. 10, 2022. Courtney Crow/New York Stock Exchange via AP
Lance Roberts
|Updated:
Commentary 

As expected, Wall Street wins again. In 2020 and 2021, retail investors were chasing financial markets with reckless abandon. Armed with sites like Reddit WallStreetBets and a Robinhood trading app, not to mention young investing mentors on social media, they believed they had the Wall Street “tiger by the tail.”

Lance Roberts
Lance Roberts
Author
Lance Roberts is the chief investment strategist for RIA Advisors and lead editor of the Real Investment Report, a weekly subscriber-based newsletter that covers economic, political, and market topics as they relate to your money and life. He also hosts The Real Investment Show podcast, and his opinions are frequently sought after by major media sources. His insights and commentary on trends affecting the financial markets earned him a spot in the 2020 Refinitiv Global Social Media 100 influencers list.
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