Two words—caveat emptor.
In the clip above from this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough is asked by a subscriber to offer his perspective on SPACs. “There are some high quality SPACs,” McCullough explains. “And there are also some bullsh*t, dream-selling SPACs, in addition to some outright frauds.” Caveat emptor.
Watch the clip above to get his full insight.