SPACs are now a $700 billion market: Morning Brief

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Wednesday, March 3, 2021

Goldman Sachs puts the SPAC boom in context.

Late last year, we wrote about David Kostin’s equity strategy team at Goldman Sachs declaring 2020 the year of the SPAC.

In the few months since this report, the trend has only accelerated.

Kostin’s team on Monday published their latest update on the space and the torrid pace with which these vehicles are coming to market.

And…


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