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Fintech Focus For May 28, 2021

Fintech Focus For May 27, 2021

Forter added $300M, tripled value. Watch Out For This: The average American is active less than 20 minutes a day. That’s according to Greg Caplan, who founded Spot this year alongside Hans Petter Eikemo as a platform to foster productive meetings on the go. “I think the challenge is that so much of our lives are now digital, and we’re spending so much time sitting inactive,” Caplan told Benzinga in a discussion on making people happier and more productive through physical activity. “We really need to help people get out there and active; it makes them happier and healthier, as well as more focused, engaged and creative.”

Fintech Focus For May 26, 2021

US prepares for a new travel spike. Bank CEOs to aid the underbanked. Biden urged to replace Fed leaders. China accepted GS, ICBC venture. Market Moving Headline: BlackRock Investment Institute said in a report Monday that its proprietary Geopolitical Risk Indicator has fallen to its lowest in four years, as investors focus more on inflation and the economic recovery than geopolitics. That marks a shift in attention from U.S.-China trade tensions or a North Korea nuclear attack, both of which have rattled markets in the last few years. “The gauge has been hovering in negative territory this year . meaning investor attention to geopolitical risks is below the average of the past four years,” the report said. “As a result, geopolitical shocks could catch investors more off guard than usual.”

Fintech Focus For May 24, 2021

Rotation strengthened bull market. Market Moving Headline: Last week, U.S. stock index futures auctioned sideways-to-higher, as participants looked to price in emerging dynamics with respect to rising inflation, fiscal and monetary tightening, COVID-19 concerns, political risks, and the like. Key Takeaways: - Tone on adjusting monetary policy altered. - Indices were sideways-to-higher last week. In the coming sessions, participants will want to focus their attention on where the S&P 500 trades in relation to its $4,177.25 composite high volume area (HVNode). In the best case, the index trades sideways or higher; activity above the $4,177.25 HVNode puts in play the $4,227.00 point of control (POC). Initiative trade beyond the POC could reach as high as first the $4,238.00 overnight all-time high and then, the $4,294.75 Fibonacci-derived price extension, a typical recovery target.

Fintech Focus For May 25, 2021

Retail, restaurant automation rises. Ray Dalio said he has some bitcoin. Lyft, Uber begin free vaccine rides. WH eyeing $1B for weather events. Why Ford EVs have radio antennas. Market Moving Headline: Cathie Wood, chief executive officer and chief investment officer at Ark Investment Management, says the correction in commodities prices is one sign that the U.S. economy is poised for a massive period of deflation.

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