Bill Ackman's SPAC Deal, Meme Stocks Rise, And Tesla Drops

The meme stock rally is back, Tesla's shares took a hit, and oil and energy are on the rise. On top of that CNBC has reported that billionaire investor Bill Ackman’s SPAC is nearing a $40 billion deal to take Universal Music Group public. Tim Mulholland, President at TJM Limited, gets into all this on this edition of BFM's World Market Watch.