From climate change to ‘crypto’ — it’s been a decade of disruption
As the 21st century exits its teen years, here's a list of the top 10 trends that shaped them and the markets
London — The 21st century’s teen years, book-ended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are 10 trends that have up-ended traditional economic and investment models in the past decade.
1. FAANG-tastic five: If they were a country, they would be the fifth largest in terms of economic output, outgunning Britain and snapping at Germany’s heels. With a $3.9-trillion market value (compared to about $100bn in January 2010), tech giants Facebook, Amazon, Apple, Netflix and Google-owner Alphabet — collectively known as the FAANGs — are not only at the vanguard of history’s longest share bull-run but have transformed how humans work, shop, consume news and relax...