This week on The Skinny on Wall Street, Kristen and Jen dive into the resurgence of SPACs and yes, Chamath Palihapitiya, the once-dubbed “SPAC King,” is back with a brand-new deal. We unpack what a SPAC really is, why they exploded in 2020, changes in the new structures and more. From warrants and dilution to sponsor “promotes” and fee double-dips, we break down the mechanics in plain English and debate whether this latest wave feels like opportunity or déjà vu all over again.
Alongside the SPAC talk, we zoom out to explore what’s happening in broader markets. Jen highlights shifts in global rates, including why European long-term yields are rising even as the ECB cuts, while Kristen points to an unusual disconnect with U.S. credit spreads at 30-year lows. We also touch on a wild market day sparked by headlines about AI pilot program failures, raising the question of whether investors are once again pricing perfection into risk assets.
Finally, we share some exciting updates from The Wall Street Skinny itself. We’ve launched live interactive events like AI-Proof Your Career on LinkedIn and YouTube, giving listeners the chance to learn and engage with us directly. Plus, in the spirit of “back to school,” we’re running a limited-time flash sale on our finance courses, from express Excel bootcamps to deep-dive investment banking and private equity technicals. Whether you’re a student, a new hire, or just a finance junkie, this episode blends timely Wall Street analysis with practical ways to sharpen your own skills.
Find courses HERE and use code AUG25FLASH for 20% off through August 24, 2025!
For a 14 day FREE Trial of Macabacus, click HERE
For 20% off Deleteme, use the code TWSS or click the link HERE!
Our Investment Banking and Private Equity Foundations course is LIVE
now with our M&A course included!
Shop our LIBRARY of Self Paced Online Courses HERE
Join the Fixed Income Sales and Trading waitlist HERE
Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.