Stocks are sinking again. Are traders better prepared this time?
The IMD Wrap: The economic indicators aren’t good. But almost two decades after the credit crunch and financial crisis, the data and tools that will allow us to spot potential catastrophes are more accurate and widely available.
Edwards Sewall Sanford could arguably be called the world’s first fintech professional. Sanford was an American businessman who, having lost everything in the Panic of 1837, relocated from Mississippi to New York and began working at Adams Express Company, an investment firm now known as Adams Funds.
There, he also helped to set up—and subsequently served as president of—the American Telegraph Company, which was later acquired by Western Union. During the Civil War, he volunteered his services
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