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SPACs Facing Tripartite Challenge Of Excess, Mountains Of Paperwork And People With Other Things To Do With Their Stimulus Checks
No oneâs giving them a blank check anymore.
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Apr 1, 2021
Niklas Bildhauer (who also is User gerolsteiner91., CC BY-SA 2.0 , via Wikimedia Commons
No oneâs giving them a blank check anymore.
It has been two weeks since the Treasury Department started sending $240 billion worth of electronic payments to households…. Daily equity purchases by individual investors have remained stable at around $11 billion in recent weeks on a 10-day rolling basis, data from flow tracker VandaTrack shows. This is sharply different from what happened in April 2020, when checks immediately led to a jump in retail flows, or January of this year, when the impact was also clearly noticeable two weeks in…. Thanks to vaccinations and lockdowns easing, there are more ways to spend money recklessly away from home. Chase figures suggest that the largest incre
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A bar inspired by Reddit community WallStreetBets has opened its doors in Tokyo and emerged as a place for investors to talk about stocks, Bloomberg reported Wednesday.
What Happened: The tavern dubbed Stock Pickers reportedly came into being in March after a successful crowdfunding endeavor raised more than $50,000.
The establishment is the idea of Satoshi Uehara, a pseudonym used by a popular investing influencer on Twitter.
Young investors are flocking up to meet Uehara but experienced traders are also turning up to offer advice to rookie traders, said Riki Yamauchi, the bar’s public relations manager.
Beverages at the bar include “Margin Call”, “Lehman Shock” and “Abenomics.”