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Are Stocks Melting Up? Plus, the Pet Economy Has Legs

Zoetis CEO Kristin Peck and Credit Suisse strategist Jonathan Golub weigh in. Also, Jack on SPACs.

A hot market for special-purpose acquisition companies, or SPACs, generated an abundance of new issuance. But there are only so many investors willing and able to buy these private-equity-like vehicles, and it’s starting to look like there’s more supply than demand.

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August 17, 2020

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