Regulatory SPACdown-okay, this was the easiest call in human history. The SPAC boom, as it were, has brought about speculation of SEC violations in every which way, as usually happens anytime something cool and new comes onto the scene. In 2021, nothing embodied this more SPACs, and man were the speculators right.

Two of the most popular names in the SPAC boom have come under heavy SEC fire just this week. One is a hopeful social media site organized by none other than former President Donald Trump while the other is one of the most valuable car companies in the world. Let's see what's happening.

$ DWACis the planned acquirer of Trump Media Technology Group, aka TMTG, that took Trump's social media firm public earlier this year. Although the deal has yet to be completed, the group is already under fire. Today, the SEC and FINRA announced probes into the company to investigate potential "stock trading that preceded the public announcement of the October 20, 2021 merger agreement." Not a great look. This investigation comes just two days after the SPAC announced a +$1bn PIPE (private investment in public equity) that could have raised some regulatory eyebrows.

Lucid Motors ($LCID）is joining $DWAC and TMTG in hot water from the SEC. The regulatory agency has announced an investigation into "certain projections and statements" made earlier this year in relation to the SPAC deal. As we've learned from Theranos and myriad others, making bold claims and not backing those up is a recipe for disaster. Lucid executives must've missed that class. Anyway, not too much information is known, but as we've made clear inThe Peelbefore, there are many bad kinds of probes, but none worse than one from the SEC.

Both stocks closed down heavy today. Tough today to be a SPAC.

数字货币-If Bob Dylan had to rewrite one of his greatest songs ever today, it would have to be called Times They Are A-Crazy. No microcosm represents that fact more than the digital asset and cryptocurrency market.

Falling nearly 32% in little under a month，，，，BTC最近的朋友们最近变得绝对震撼了。昨天，BTC在过去24小时内的3.0％的回报率围绕着最重要的$ 50K线跳舞。萨尔瓦多（El Salvador）的通配符总裁纳伊布·布克勒（Nayib Bukele）永远不得不为他的整个国家...从他的电话中购买蘸酱。这不是猜测，不，这个人在Twitter上从字面上证实了这一点。

就BTC的朋友而言，它们基本上是在同一条船上。最近事情变得艰难，但昨天有些卷土​​重来。ETHis back up5。1%after declining over 21% over a similar time period.二元同步通信，第三大数字货币仍然降低3%in the last week, but is staging a comeback too, gaining over7。2%仅在最后24小时。

While the volatility is obvious, the dips and rebounds experienced in the cryptocurrency market only solidify its position as a legitimate means of financial dealing. The resiliency demonstrated is remarkable - just imagine if the S&P 500 saw falls like this, the world might catch on fire. Plus, bonus points to crypto bc as far as I know, there isn't any Central Bank DAO's coming in to save the day.

Despite being a red month, November saw the WSO Alpha portfolio positioned well against the indices.

• 总体而言，投资组合损失了3.93％
• 3long positions were added to, with an additional $58,012.10 invested
• 1new long position was opened, investing $38,107.50
• 1long position was decreased for a gain of 97.6% on those shares
• The broader market lagged with major categories trending downwards throughout the month

Check out Alpha and see what all the buzz is about!

媒体的新主流-If you've taken online quizzes to find out what kind of bread you are or how you would've died in Murder, She Wrote, well then you're all too familiar with Buzzfeed. The online entertainment and news site that also has an affinity for surprisingly irrelevant quizzes went public today via SPAC in a test of how Wall Street values and views digital-first media brands.

BuzzFeed（$ BZFD）与890 Firth Avenue Partners合并，以$ 350mm的高额估值开业，在其前30分钟的交易中却高于16％以上，只能完成11。2%。

While it's interesting to see how the Street digests digital native media semi-empires, the more interesting lens comes when considering new developments in the media market. I don't know about you, but every time I see cable news, I begin to lose massive amounts of brain cells and suddenly want to start a riot. Millennials and the (way cooler) next generation of Zoomers have made clear cable news doesn't cut it, voting with their eyeballs for independent, digital-native coverage of newsworthy events. The rise of sites like Medium and Substack speak to this even more, showing that small-scale unadulterated coverage can attract views (and dollars) in a big way.

Vox Media，Vice Media，Mashable以及其他像Morning Brew和Axios那样直接竞争的其他人都将观看IPO，并期待着看到公开场合是否全部破裂。每天的剥皮IPO仍在说话。