May 2016

In July 2015, Modern Trader profiled six financial technical (fintech) firms presenting unique alternatives to the existing financial media culture. Each firm offered greater transparency, accountability and actionable insight to traders.
Finding applicable shorts in a volatile market presents its own dangers; however the prospects for long-term growth potential equities in the banking/financial sector have been fraught with uncertainty. One such company, Goldman Sachs, is poised for a maintainable rebound, and should be differentiated from its competitors.
The banking sector has taken a significant hit since the beginning of the year, with both the SPDR S&P Bank ETF and SPDR S&P Regional Banking falling 9% in the first nine weeks of 2016. Headline fundamentals have not looked so bad, but it’s forward looking guidance that has investors worried.
The use of ledgers to record transfers between parties is as old as money. The need for transactional recording mechanisms emerged as money became a means of exchange in ancient Mesopotamia. The ledgers of Mesopotamia were kept in temples, the banks of that time.