Exchange Invest Weekend Edition May 29th

Patrick L Young
4 min readMay 28, 2021

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, send me a message.

On this day in 1946 — The Dow Jones Industrial Average hit a post World War 2 high of 212.50. As investors worried about the sharp decline in government spending after the war, many feared another recession would be imminent.

Now Online — Season Six of IPO-VID

Series 6 Episode 3 — IPO-VID Livestream 033

At The Sharp End of Prediction Markets

Flip Pidot is the founder and managing director of Sharp Square Capital, LLC, an alternative investment management firm specializing in event futures. For over a decade, Flip has been involved in the development, operation, and evangelism of political event markets, as head of American Civics Exchange, producer of the prediction market content network OldBull.tv, and market curator at PredictIt.

Previously, Flip worked as an investment analyst for Boyar Asset Management and a Certified Fraud Examiner for Arthur Andersen. A graduate of Notre Dame (BA, economics) and UVA’s Darden School (MBA), Flip also holds a Series 3 license and is a CFA Charterholder.

Watch the LiveStream on:

EI Weekly Podcast 096

The Exchange Invest Weekly Podcast 096

Nicholas Aguzin brings a gaucho wave to Hong Kong Exchanges while as predicted — David Craig exits Refinitiv under a cloud.

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. Available Worldwide

Podcasts This Week

Why Nasdaq CEO Adena Friedman Wanted Transparency About Board Diversity

Fortune

Lipstick Lunch With Kaidi Ruusalepp Passion To Make A Difference As The Foundation Of Entrepreneurship

Youtube

Parish Notes

The highlight of parish notes this week was seeing the first key man overboard from the Refinitiv saga. Make no mistake, it’s not about Danegeld but it looks like lasting longer than Wagner’s Ring and probably costing more than the more opulent performances of the genre, even if reimagined by a blingster rapper on expansive drugs.

Anyway David Craig exited as Refinitiv chief precisely one month to the day after we said he would. The first casualty as the LSEG’s Refinitiv big data play goes awry.

…the sort of predictions which we make amidst the pith of analysing the parish which precisely no other analysis service delivers. All new subscribers who want to stay ahead of the curve in the bourse business are welcome to hit reply and move up to the daily edition of Exchange Invest.

At least LSEG made Reuters dump their dumb idea to make the Reuters.com website subscriber only.

COVID-19

What If There Was A Lab Leak?

UnHerd

The Covid Lab Leak Theory Is Looking Increasingly Plausible

The Spectator

“When I raised this lack of transparency with a senior British scientist, he said: ‘They are communists, what do you expect?’ It is not clear why that should be reassuring.”

Of Interest

Belarus’ Act Of Aviation Piracy And Kidnapping Proves The Obvious: Anyone Can Bully The EU

City AM

There are many reasons the EU is a declining great power. Its sclerotic long-term growth rate, overly-cosseted safety net, tangle of bureaucratic rules, and merely the perpetual difficulty in getting 27 different countries to agree on more than an ice cream flavour all explain its obvious decline. But, not least of all, its otherworldly view of the lack of need for force in an unruly world has hastened its downfall.

NASA Opens A Space Hotel. Price: $55 Million A Bed

Nasdaq

Large Crowds Gather For Funeral Of China’s ‘Father Of Hybrid Rice’

South China Morning Post

A Death In Cryptoland

CBC News

Last Word

Catch up Tuesday for Exchange Invest 2064…

the future continues in the water cooler for the bourse business…

As we’re not publishing Exchange Invest due to the UK/US Bank Holidays — Happy Memorial Day et al!

-Patrick

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Patrick L Young

Entrepreneur, Investor, Author. #Exchanges #Fintech #Startups #Motorsport Emerging Markets. CoFounder @Exchange_Invest @HanzaTrade @MissionToRun @YMarkets