By Future of finance reporterOctober 29, 2020From Frankfurt to New York, stock markets have had a grizzly week. Their decline reflects growing concern that the nascent economic recovery could stumble.There’s plenty to worry about. In the US, hopes for a second round of federal spending to support the economy have dimmed. And in Europe as well as America, a second wave of Covid-19 infections and hospitalizations will mean more people staying home and spending less. The S&P 500 Index of large US companies perked up slightly today, but is still down about 4% this week. Germany’s DAX fell...…By Future of finance reporterOctober 29, 2020From Frankfurt to New York, stock markets have had a grizzly week. Their decline reflects growing concern that the nascent economic recovery could stumble.There’s plenty to worry about. In the US, hopes for a second round of federal spending to support the economy have dimmed. And in Europe as well as America, a second wave of Covid-19 infections and hospitalizations will mean more people staying home and spending less. The S&P 500 Index of large US companies perked up slightly today, but is still down about 4% this week. Germany’s DAX fell...WW…

By Published October 29, 2020From Frankfurt to New York, stock markets have had a grizzly week. Their decline reflects growing concern that the nascent economic recovery could stumble.There’s plenty to worry about. In the US, hopes for a second round of federal spending to support the economy have dimmed. And in Europe as well as America, a second wave of Covid-19 infections and hospitalizations will mean more people staying home and spending less. The S&P 500 Index of large US companies perked up slightly today, but is still down about 4% this week. Germany’s DAX fell more than 8%,...…By Published October 29, 2020From Frankfurt to New York, stock markets have had a grizzly week. Their decline reflects growing concern that the nascent economic recovery could stumble.There’s plenty to worry about. In the US, hopes for a second round of federal spending to support the economy have dimmed. And in Europe as well as America, a second wave of Covid-19 infections and hospitalizations will mean more people staying home and spending less. The S&P 500 Index of large US companies perked up slightly today, but is still down about 4% this week. Germany’s DAX fell more than 8%,...WW…

By Published September 9, 2020The Long-Term Stock Exchange launched today (Sept. 9) with a humble goal—to reform American capitalism as we know it.The platform’s debut comes nine years after CEO Eric Ries, a Silicon Valley entrepreneur, in his book The Lean Startup as an antidote to the usual market pressures to pursue short-term results. The US already has more than a stock dozen exchanges, but that creating a new one is the only way to enshrine long-term thinking and abandon short-term strategies that get in the way of innovation and leave companies, and their investors and employees, in...…By Published September 9, 2020The Long-Term Stock Exchange launched today (Sept. 9) with a humble goal—to reform American capitalism as we know it.The platform’s debut comes nine years after CEO Eric Ries, a Silicon Valley entrepreneur, in his book The Lean Startup as an antidote to the usual market pressures to pursue short-term results. The US already has more than a stock dozen exchanges, but that creating a new one is the only way to enshrine long-term thinking and abandon short-term strategies that get in the way of innovation and leave companies, and their investors and employees, in...WW…

By Published January 30, 2019When it comes to financial technology companies, Ant Financial is in it own league. The affiliate of e-commerce giant Alibaba raised $14 billion in venture capital last year, not far from the $15.9 billion for all fintech investments in the EU and US in the same period. A key question is whether the growth of the world’s most valuable fintech firm is an anomaly or a sign of things to come from China.Ant Financial accounted for 35% of global venture capital investment in fintech firms last year, . The Chinese company started in 2004 as Alipay, a payment...…By Published January 30, 2019When it comes to financial technology companies, Ant Financial is in it own league. The affiliate of e-commerce giant Alibaba raised $14 billion in venture capital last year, not far from the $15.9 billion for all fintech investments in the EU and US in the same period. A key question is whether the growth of the world’s most valuable fintech firm is an anomaly or a sign of things to come from China.Ant Financial accounted for 35% of global venture capital investment in fintech firms last year, . The Chinese company started in 2004 as Alipay, a payment...WW…