Closed-end fund arbitrage Closed-end fund arbitrage involves the simultaneous buying and selling of closed-end funds that are ideally...

Latest investor letter updates for 2Q23! We have been sharing insights on investor letters and returns since 2021: There is a lot to...

We have been sharing insights on investor letters and returns since 2021: There is a lot to learn from experienced investors'...

The following is a shortened macroeconomic piece discussing inflation, tapering, rates, and the Federal Reserve. The full piece is available to subscribers at specialsitsresearch.com .

In 2020, due to unprecedented easing by the U.S. Federal Reserve, SPAC IPO issuance absolutely skyrocketed. In 2020 alone, 248 SPAC IPOs raised $75.3 billion, more than regular IPOs raised ($61.9 billion)!

U.S. CPI expectations accelerated dramatically over the last 12 weeks and the impact on the U.S. treasury curve has been a shock to long duration assets. This issue is going to discuss the impact of inflation expectations and real rates on various asset classes, including global equities (stocks), real estate, and cryptocurrencies.