Nope. A lot of why New York is the center of exchange is a lot of technical inferstructure built around that exchange. The high speed trading will continue to be done there. And each trade strategy that can tolerate a power of ten increase in trade latency will still want to get as close to that action as it can.
Miami is a great place to speculate houses. As long as you execute the trade on the right day that's all you need.
Dallas is also exploding as an alternative financial hub. This editorial also discusses the flight of tech businesses from the San Francisco area to Austin, TX.
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But the rising sea of climate change!?!?!
Nope. A lot of why New York is the center of exchange is a lot of technical inferstructure built around that exchange. The high speed trading will continue to be done there. And each trade strategy that can tolerate a power of ten increase in trade latency will still want to get as close to that action as it can.
Miami is a great place to speculate houses. As long as you execute the trade on the right day that's all you need.
I believe that confiscatory taxes, crime, high cost of living, lawfare, and regulations are big factors. The momentum is out of NYC
I love Trump advisors like that. Was there ever a less credible Executive Branch....
They’re all escaping the commies.
Dallas is also exploding as an alternative financial hub. This editorial also discusses the flight of tech businesses from the San Francisco area to Austin, TX.