Prediction: New York will start to lose its importance as a financial center in favor of places like Hong Kong, Singapore, Dubai, and Shanghai.
Hasn’t that, to some extent, already happened? (I would leave Dubai off of that list, though. I’d be surprised to discover an exchange there. The laws of that country don’t really favor stock exchange by foreign parties...)
Prediction: New York will start to lose its importance as a financial center in favor of places like Hong Kong, Singapore, Dubai, and Shanghai.
Hasn’t that, to some extent, already happened? (I would leave Dubai off of that list, though. I’d be surprised to discover an exchange there. The laws of that country don’t really favor stock exchange by foreign parties...)