Postcards: The Rise of Wall Street South

Florida's fast becoming a massive hub for finance... plus with momentum turning positive - markets experienced a dramatic squeeze higher on Tuesday. Stay cautious - as this cycle isn't over.

Dear Fellow Expat:

Miami feels like it’s part of a different state - even country.

Though Alligator Alley - two hours of Interstate 75 - separates (and connects) Miami to Naples, Florida, you know immediately that you’re on the East Coast the second you make it there.

Traffic zooms by at 100 miles per hour. Countless overpasses zig and zag-like parts of a spider web. And it would take me two years to fit into the tight white pants and floral shirt worn by a mid-40s man I saw the last time I visited.

Miami’s a much faster pace than this portion of the Florida Republic. On the West Coast, the restaurants close earlier, the Gulf of Mexico is calm, and the median age of the residents in Naples… is 66.3 years old.