Inflation Concerns and a Very Large SPAC Deal
Billionaire investor Bill Ackman recently announced that the megadeal is now official in which special-purpose acquisition company (SPAC) Pershing Square Tontine Holdings (NYSE: PSTH) is acquiring 10% of Universal Music. We also have some new details. And after a volatile week in the markets triggered by the Federal Reserve meeting, many investors are concerned about inflation. In this week's Industry Focus: Financials, Matt Frankel and Jason Moser break down the inflation numbers, what's causing it, and how it could affect your investments.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.
Source Fool.com
