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Investing Daily Printable PDF I’m old enough to remember Monty Hall, who from 1963-1986 hosted the tacky but hugely popular television game show “Let’s Make a Deal.” Mr. Hall yelling his iconic catchphrase “Let’s…make…a…DEAL!” comes to my mind, as I observe the surge in special purpose acquisition companies (SPACs). I’m generally optimistic about the economy and stock market over the long term, but my bullishness doesn’t preclude the risk over the short term of a sell-off. From my perspective, a glaring red flag right now is the rapid rise of SPACs. Stocks continue to hover at record highs, underscoring the hunger for risk-on assets. On Tuesday, the major U.S. stock market indices took a breather from their winning streak. The Dow Jones Industrial Average fell 96.95 points (-0.29%), the S&P 500 fell 3.97 points (-0.10%), and the tech-heavy NASDAQ slipped 7.21 points (-0.05%).

Monty hallExchange commissionResearch ma knowledgebaseDow jones industrial averageFear of missing outWall streetமோண்தி மண்டபம்பரிமாற்றம் தரகுடோ ஜோன்ஸ் தொழில்துறை சராசரிபயம் ஆஃப் காணவில்லை ஔட்சுவர் தெரு