Supply and demand are what the market drives. Low-interest rates mean that people seek other places to put their money to work.
People will buy the dip this week.
Some interesting reads about the markets.
Great podcast with Managing Director Salim Ramji, Head of iShares Index and ETFs.
SPAC’s are hot. ‘SPACs are publicly traded “shell companies” that raise capital in an IPO process and then use that capital to merge with a privately held business.’
SoftBank is the “Nasdaq whale” that has bought billions of dollars’ worth of US equity derivatives in a series of trades that stoked the fevered rally in big tech stocks before a sharp pullback on Thursday and Friday, according to people familiar with the matter.