We were interested in CNBC’s Bob Pisani’s recent article pointing out the so-called “paradox” in equities hitting a record high while Wall Street headcounts and compensation head south. Our contention with his argument is that it ascribes much of the paradox to recent years of low market volatility
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
