
First Republic’s last chance, investing in a slowdown, and UK regulators block a major deal 4/26/23
The Exchange
00:00
The Fed Titan and Cryptocurrency: The End of the Duopoly
Lisa Kogan: Could the stock duopoly of the 2010s be coming to an end here how did they end up defending their core business or did that tie just recede as the Fed Titan and kind of crypto became less interesting. She says cards are ubiquitous consumers want to use them we're not going to get away from that at the same time but there's actually a lot more fraud about five times the level of fraud online than there is in store so they are actually adding more value. The consumer is chugging right along a little bit of a bifurcation though I might highlight the more affluent consumer is still spending strong on travel entertainment all those you know Taylor Swift tickets etc
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