1) Interest rates will be rema

2021-06-29

1) Interest rates will be remain low till 2023 based on FOMC speech by Powell - Credit is cheap

2) When credit is cheap, capital moves up the CAPM line to investments that offer a higher rate of return for a given level of risk. I.e.,High growth tech, meme stocks or crypto.

$PSTH presents a value opportunity, to get in on a great company (UMG) at ~$2 above remium.

When credit becomes expensive again, capital will rotate back into value thesis, $PSTH will be a winner no doubt.

$Pershing Square Tontine Holdings(PSTH)$

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