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Podcast: Money Life with Chuck Jaffe
Episode: How higher interest rates are changing the IPO market
Description: Greg Martin, co-founder of Rainmaker Securities -- which specializes in initial public offerings and private-market securities -- says the run-up in interest rates has changed the risk profile of potential buyers, and makes it harder for new projects to draw the dollars if all conditions aren't nearly perfect. He also talks about the SPAC market -- which he calls a 'house of cards' and a Ponzi scheme -- and how companies that want access to the public markets have to change in order to attract those dollars now. Also on the show, Paul Seaton of Fulcrum Asset Management North Ame...