By taskmaster4450le on Skatehive
Few are talking about the expected opening of the Texas Stock Exchange later this year. It is something that people who are watching the demographic and economic activity in the United States. With populations shifting around, especially at the upper end, we are seeing capital formations appearing in different areas. New York City has been the global financial hub for more than a century. Like Hollywood, a topic I covered in great detail, we are looking at the potential death of the industry in that location. Wall Street is synonymous with finance. Many of the world's biggest firms have a presence on (or near) Wall Street. This is rapidly changing however. Texas is becoming a major player in the financial arena. The opening of an alternate exchange in Dallas could be the nail in the coffin for New York City. Texas Stock Exchange: The Death of NYC What we are dealing with is more than just an exchange. The appeal to many businesses, especially in the energy sector, is enormous. Texas is