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Disinterest Driving the SPAC Slowdown Is Misplaced, Money Manager Says


Still, with SPACs raising more money in the first three months of 2021 than they did throughout all of last year, some of the recent disinterest may be misplaced, Morgan Creek Capital Management s Mark Yusko told CNBC this week.
This is a long-term trend, Yusko, his firm s founder, CEO and chief investment officer, said Monday on CNBC s ETF Edge. The SPAC merger, we believe, will become the preferred method for high-growth, innovative companies, or what we call the companies of the future, to go public.
After a frenetic first quarter for new issuances and the SEC crackdown, it s normal and natural to have a little lull, he said. ....

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'Sell in May and Go Away' Is in Play This Year Amid Inflation Risks, Market Analyst Says – NBC 5 Dallas-Fort Worth


The gains in commodities such as lumber, copper and crude oil could boost inflation in the second quarter, Yusko warned.
I think the inflation numbers are going to spook people a lot, he said. If you think about the reason sell in May and go away exists, if you hold from May till October, you usually lose a little bit of money. You make all your money in a normal year on the tail ends on the other sides.
Higher interest rates or capital gains taxes could exacerbate the problem and accelerate the rotation out of growth stocks and into value names, he said. ....

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'Sell in May and Go Away' Is in Play This Year Amid Inflation Risks, Market Analyst Says – NBC Connecticut


The gains in commodities such as lumber, copper and crude oil could boost inflation in the second quarter, Yusko warned.
I think the inflation numbers are going to spook people a lot, he said. If you think about the reason sell in May and go away exists, if you hold from May till October, you usually lose a little bit of money. You make all your money in a normal year on the tail ends on the other sides.
Higher interest rates or capital gains taxes could exacerbate the problem and accelerate the rotation out of growth stocks and into value names, he said. ....

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