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Shares of SPAC for electric car company Lucid plummet another 20% after merger announcement (SPY +1.1%). Stocks & bonds dumped-n-pumped as Powell promises MOAR.
The Market in Perspective
Here are the headlines moving the markets.
Carbon Dioxide: A $550-Billion Opportunity Anyone would be forgiven for being shocked when they see the words carbon and opportunity in one sentence. Carbon, after all, or rather carbon-oxygen compounds, are the ultimate enemy of the planet. It is something to be eliminated, not utilized. Nothing could be further from the truth. In addition to being an essential element for photosynthesis and as such an essential element for all organic life on the planet, carbon has many other uses. It is these uses that are opening up an opportunity that could develop into