Quote To Start The Day: “Don’t judge each day by the harvest you reap but by the seeds that you plant.”
Source: Robert Louis Stevenson
One Big Thing In Fintech: One would likely not purchase a house without first looking at comparable home sales.
That is according to Saad Hussain, founder and CEO at Vesica Technologies, the company behind SHIFT, a search engine for the options market.
“As a former broker, it’s not about the democratization of finance. It’s really the democratization of data. That’s where the money is,” Hussain said in an interview alongside CTO Dr. Alessandro Warth, a former software engineer at Alphabet Inc-owned Google.
Read below to find out more on how Vesica’s SHIFT Search is making market data more accessible and actionable for market participants.
Source: Benzinga
Other Key Fintech Developments:
Watch Out For This: Stagflation isn’t quite the word. But for a world economy still trying to find its post-pandemic footing, the combination of lower growth and higher inflation evident in the latest readings from Bloomberg Economics’ nowcasts still isn’t good news.
Source: Bloomberg
Interesting Reads:
Market Moving Headline: Despite U.S. Equities trading near all-time highs, various market indicators and surveys suggest that sentiment is in neutral territory at best and thus remains a supporting factor for higher index levels.
Source: Merrill
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