Billionaire investor Bill Ackman is closing the largest SPAC of all, Pershing Square Tontine Holdings. He's returning $4 billion to investors. It comes at a time when Special Purpose Acquisition Companies aren't doing well. There were 613 SPAC IPOs in 2021. There have only been 70 so far this year.
Don’t be lulled by low volatility in the market, TheoTrade Chief Market Strategist Don Kaufman says in this story analyzing weekly market activity. “The low VIX, VVIX, and SKEW mean that the professional side of trading is not hedging,” Kaufman said. “This situation lends itself to considerable down
TheoTrade Chief Market Strategist Don Kaufman says that there’s still a shakeup coming in the crypto market. In this International Business Times story “Bitcoin Market: A Big Rally Ahead?” Don says he wouldn’t be surprised to see BTC drop to 13,000. However, there may be better times ahead. "Bitcoin
TheoTrade co-founder Don Kaufman shares his Bitcoin price analysis, noting that despite a decline in trading volume amid the bear market there’s "a bright side of the bearishness." Don also discusses DeFi regulation and MicroStrategy’s recent $10 million BTC purchase. Today, Bitcoin is hovering at t
Professor Jeff Bierman, CMT, had a lively interview with the "Money Life with Chuck Jaffe" podcast. The two discussed some interesting anomalies in today's markets, including likely continued drops in the S P over the next few weeks and months. This bear market could lead to many interesting opportu
As investors grapple with the market meltdown, trading desks at the country's largest banks are busy making markets and making money. The market volatility is pushing up trading revenues 15% - 25% at big banks. Don Kaufman, Chief Market Strategist at TheoTrade, has extensive background in market-mak
"Over the past couple of years, there have been significant melt-ups in the market, largely driven by Federal Reserve policy and stimulus," TheoTrade Chief Market Strategist Don Kaufman told International Business Times. "As the Fed is in the process of quantitative tightening and rising interest ra
The U.S. doesn't want Russia to pay American investors in U.S. dollars, pushing the country toward default. Russia says it wants to pay in rubles instead. But things aren't that simple. Don Kaufman, TheoTrade’s Chief Market Strategist, says that most of these bonds don’t allow repayment in rubles. S
Consider eliminating a third to half of your holdings as this market poses risks we haven’t seen since the 2008 crash, Don Kaufman says. See the comments by TheoTrade’s Chief Market Strategist in this NTD Business TV interview “Workers and Retirees Face Stock Market Fall.”
