What Brexit and Trump’s Victory have in Common

Many facile comparisons have been made between Brexit and the election of Donald Trump today.

They have an important element in common. But the commentators have missed it.

It is said that both represent a backlash against globalisation. Others say it is a revolt of the uneducated, the marginalised, the people who have been left behind.  Others  emphasise the reaction against excessive immigration: “We want our country back”.

The Economist's FinTech

This week's issue of The Economist mentions FinTech as a factor in two economic trends in financial services and their relationship to technology: falling revenues for investment banks and shifting power for the City of London.

EconVue Spotlight

This US election cycle has had more ups and downs than Game 7 of the World Series. The  sturm und drang  has perhaps defocused us from current issues and uncertainty clouding the global economy.  In our commentary roundup, we will get the US out of the way first, but won’t neglect China, Russia, and the UK, each facing crises of their own. We will end with steady-as-she-goes Japan, and baseball. Fun fact: the victory parade here in Chicago on Friday was the 7th largest gathering of people in human history. 

Data Power

Data and its use and control, more than any technology innovation, took a primary position at this year’s Money20/20 conference and exhibition. This year’s annual event brought more than 10,000 financial-services executives, entrepreneurs, and technologists to Las Vegas for a whirlwind of meetings, presentations, and demonstrations.

Value Quest: Capital Formation Challenges for Non-Profit Health Systems

Co-authored with James Moloney and Carsten Beith

There's a battle outside and it's ragin'
It'll soon shake your windows and rattle your walls
For the times they are a-changin'!

Money20/20 2016

I am attending the annual Money20/20 FinTech conference in Las Vegas this week. Here is a summary of this week's FinTech related links: