Patricof Cautious on Markets, Not Surprised by SPAC Inquiry

The video discusses the rise of SPACs (Special Purpose Acquisition Companies) and their impact on the market. It highlights the current inquiry into SPACs, noting that it is an information-gathering process rather than formal charges. The discussion covers the rapid growth of SPACs, comparing them to traditional IPOs, and considers whether this trend is sustainable or a bubble. The video also touches on market cycles, the influence of interest rates and inflation, and the risks associated with high valuations. The speaker advises caution in chasing new market trends.

In your opinion, are we experiencing a bubble with the current SPAC trend?

What is your assessment of the impact of interest rates on the current market dynamics?