“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”
– Milton Friedman
The Through Line: Organized capital markets play a vital role in facilitating the transfer of funds from those with excess resources to those in need of backing. Rapidly advancing technology, an easing regulatory environment plus growing ranks of educated, bold and engaged participants are enabling such activity to broaden. We highlight key developments and why they matter for the economy and for markets.
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