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Exchange Invest Weekend: Farewell - See You In Other Channels

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Exchange Invest

July 31 · Issue #27 · View online

Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.


Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick L Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
This weekly edition is a magazine of broader macro topics as well as including our free weekly podcast which reviews the highlights of the week in the world’s market structure.
For a free trial to Exchange Invest Daily, DM us @Exchange_Invest on Twitter.

We're Leaving Revue
We're Leaving Revue
On this day in 1914, just 10 minutes before the New York Stock Exchange was scheduled to open, the governors of the exchange voted to close the stock market as fears of economic impacts of World War 1 mounted.
Farewell - See You In Other Channels
Thank you so much for subscribing to our Revue newsletter. It has been fun but actually, almost everybody prefers reading our stuff via email or on Medium. To that end, we are phasing out this Revue format.
Therefore, may I ask you to sign up for our Saturday email list instead? The Saturday email is free just like the Revue version, covering the same mix of topics.
Big World
From Exchange Invest 2113: Wednesday, July 28th:
Rather than worry about the state of the world - the rudderless incompetence of (well, insert here…is any reader going to deem their political class worthy of exclusion?) government in the current age could lead to a depressing outlook. (Thankfully we can continue to drive business almost entirely in spite of the blob).
On a much cheerier note, the Olympics are in town - well Tokyo city to geolocate precisely - but thanks to digitisation the Olympians are in everybody’s town now. It’s that quadrennial opportunity to watch sports nobody much thinks about for the rest of the 48 month period. Anyway great shocks so far - looking at the medal table I see Kosovo have 2 gold medals (I hadn’t realised stealing cars and cigarette smuggling were now Olympic sports - oh well it would make a truly modern pentathlon I suppose).*
*This is a joke, #srsly: their women won 2 golds in judo (thus cementing their future careers managing nightclub bouncers).
Anyway, so many great things to applaud and a lovely video which shows a masked singer of the best kind. Hidilyn Diaz was lifting water bottles just months ago as she trained in a Covid lockdown frustration. Elation doesn’t come close to her reaction at being the first ever Philippine gold medallist (typical - leave the job to men for a century, results nada - …takes a woman to get it done). If you want a cheering moment watch that mask move as Hidilyn Diaz belts out the Philippine national anthem.
IPO VID LIVESTREAM PODCAST
In Episode 6: “The View from Nasdaq's European HQ”
In Episode 6: “The View from Nasdaq's European HQ”
In IPO-VID Podcast Episode 6: I discuss “The View From an Index Powerhouse” with former S&P Dow Jones Indices CEO Alex J. Matturri - enjoy!”
EI WEEKLY PODCAST
The Exchange Invest Weekly Podcast 105
The Exchange Invest Weekly Podcast 105
EI Weekly Podcast 105
Awesome Nasdaq results as India’s IEX power market electrifies with their P&L statement. 
Meanwhile, even PLY has the occasional share of the headlines…
Victory or Death
20 years on from the first fintech bestseller “Capital Market Revolution!“… "Victory Or Death” is a must-read book for anyone interested in the intersection of Blockchain, Cryptocurrency, and FinTech as part of the whole future of finance.
Trader's Cafe With Zak Mir
Trader's Cafe with Zak Mir: Patrick Young, Director, Valereum Blockchain
PLY: My first interview on my new Executive Director appointment at Valereum Blockchain (Aquis: VLRM), chatting with Zak Mir (recorded last Friday morning).
Podcast This Week
Red Cup Rebellion
Podcast Rebellion: SEC Expansion and Arch Manning. These two topics will be around for a while.
Macro Thoughts
Spectator
Daily Telegraph
About 65 percent of the USA is now suffering from an “extreme” or “exceptional” dry period, the worst in 122 years by some way.
COVID-19
The Spectator
PLY: Herd immunity BTW clearly arriving in the UK. 
BTW, Wikipedia defines the first case as December 2019 in Wuhan which makes the epidemic now 21 months old. Note, epidemics generally don’t last beyond 24 months and are usually fading at 18 months (the latter would tally with the significant decrease in deaths - and the much much lower per capita death rate than the original - let alone the original hype which I said was wrong then. Death rates appear to have peaked at about 1% of patients, at most (half the Spanish flu of 1919). Moreover death rates have been declining for well over a year in the west despite the Delta variant scaremongering of media, big state and many quasi-Marxist control freaks in the health-epidemiology nomenklatura). 
Of Interest
Cato Institute
Scientific American
A soft robotic hand has finally achieved a historic accomplishment: beating the first level of Super Mario Bros. 
South China Morning Post
The New York Times
Tensions with the U.S. complicate matters, but China is such a vital part of global markets that its stocks and bonds belong in diversified portfolios.
Euromoney Magazine
Forbes
South China Morning Post
Astronomers recently saw something they’d never seen before: X-ray light emissions coming from directly behind the black hole at the centre of a distant galaxy.
PLY: Perhaps now we can understand the maths of Joe Biden’s economically illiterate presidency - he thinks there must be light at the end of a black hole of spending too.
Visual Capitalist
Last Word
Do you have any feedback to share? Send us a DM @Exchange_Invest!
Oh by the way, I wouldn’t mind if you gave our newsletter some love by sharing this through Twitter or Facebook. :)
Have a great week in life and markets!
Patrick.
Copyright © 2021 The Frontier Financier, All rights reserved.
Copyright © 2021 The Frontier Financier, All rights reserved.
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