clearly you’re biased, but hard to imagine the actions of the Federal Reserve that has pumped liquidity into the economy and cut rates to 0 that many predict will last for 5+ years make an exchange that is focused on “long term” less interesting to both executives and investors.
we live in a market when there’s a dozen SPACs listed every week and a company like Nikola that doesn’t even have a functioning product has a valuation of $20B. liquidity and support from central bankers have naturally made investors more patient and willing to ignore short term road bumps.
we live in a market when there’s a dozen SPACs listed every week and a company like Nikola that doesn’t even have a functioning product has a valuation of $20B. liquidity and support from central bankers have naturally made investors more patient and willing to ignore short term road bumps.