What Goes Up

SPAC Attack

A stock market that sometimes seems bulletproof in the face of adversity can make it challenging for hedge funds looking for companies to sell short in anticipation of share-price declines. Ben Axler of the activist fund Spruce Point Capital Management discusses where he’s looking for opportunities, including in special-purpose acquisition companies.Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2020-09-30/blistering-ipo-market-is-rekindling-dot-com-era-froth-fears">Blistering IPO Market Is Rekindling Dot-Com Era Froth Fears</a><a href="https://www.bloomberg.com/news/features/2019-05-20/the-tiny-activist-fund-that-reaped-24-return-by-unearthing-cockroaches?sref=jaGkMhDb">The Tiny Activist Fund That Reaped 24% Return by Unearthing ‘Cockroaches’</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.