The SPAC bubble is bursting, according to Charles-Henry Monchau, CIO at Zyz, a banking and asset management group in Switzerland. "With monetary policies tightening, speculative bubbles are bursting one after the other," he says. "SPACs are no exception."

The SPAC bubble burst was predicted by Ivana Naumovska, professor at INSEAD, last year. She said the most obvio