Trendwatch: Consumer SPAC Bubble?

Judging by the volume of consumer SPACs recently in registration and that have gone public over the past few months, you'd think someone knows something that we don't. (obviously...)

There have been 4 consumer SPACs that have gone public since November of last year and there are 12 consumer-focused SPACs in registration.

Implication? This means that in a year or so, there could be almost $4 billion worth of SPACs chasing consumer companies. This should make for some interesting competitive dynamics.