Is Dallas about to be the financial hub in the US?

4,271 Views | 57 Replies | Last: 1 day ago by YouBet
Got a Natty!
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AG
Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?


YES.
With in 20 years, and maybe 10 to 15 years, Dallas area will be the financial center of America.
TyHolden
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aggiehawg said:

Ag87H2O said:

I think we are going to see a lot of people/institutions continue to migrate here and other red states. Marxist blue voters are strangling New York.

I don't think we will see financial sector that centralized. Miami will also be a big player, I think.

MIami will be under water by 2030..../algore
infinity ag
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Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?


Right.
A lot of "conservatives" here are programmed to think like CEOs. All that a CEO cares about is "growth" as their bonus depends on it, they don't care about long term health. They just want "growth" without looking at side-effects. To give a human analogy, it is a person who takes steroids and other drugs to look muscular outwardly but is inviting long term health problems.

In the same way, these "conservatives" think that "growth" is a always a good thing without thinking what is contributing to that growth. It is usually liberals from CA and NYC, and H1B Indians who are streaming in. They will cause long term demographic changes by infecting elections and changing the system from within to turn it into another California, New York or Hyderabad.

Enjoy the "growth".
YouBet
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Dallas is already the #2 financial hub in the US and could easily take it over for the obvious reasons of it being more business friendly, pro-energy, and the fact that it is smack dab in the center of the USA with two major airlines and airports nearby. It's geographically superior to NY in every way. Almost laughably so.

And don't forget that the Chicago branch of the NYSE moved to Dallas this year as well in addition to the Texas Stock Exchange opening.

All that to say, I'm glad I don't live there anymore. I was up there for 5 days last week and traffic has become ubiquitous. There are no longer traffic lulls during certain times of the day. I was out and about all day driving around because I was staying at multiple places while up there from urban Dallas out to the mid-cities and traffic was non-stop all day regardless of time of day or day of week.
WinTheWholeDamnThing
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infinity ag said:

Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?


Right.
A lot of "conservatives" here are programmed to think like CEOs. All that a CEO cares about is "growth" as their bonus depends on it, they don't care about long term health. They just want "growth" without looking at side-effects. To give a human analogy, it is a person who takes steroids and other drugs to look muscular outwardly but is inviting long term health problems.

In the same way, these "conservatives" think that "growth" is a always a good thing without thinking what is contributing to that growth. It is usually liberals from CA and NYC, and H1B Indians who are streaming in. They will cause long term demographic changes by infecting elections and changing the system from within to turn it into another California, New York or Hyderabad.

Enjoy the "growth".
fc2112
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Kinda funny that almost none of those are actually in Dallas.
reineraggie09
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Junction71 said:

Hey, Junction is doing well also---we are getting an O'Reilly Auto Parts store on top of the 2 auto parts stores we already have!


As long as Lums is still there, I'll keep visiting.
Central Committee
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The NYSE on Wall Street has been show and tell for a long time. Got to go with my former firm and ring the opening bell. Handful of computers. Lots of TV screens. Lots of firms had a single desk with 2-3 login stations. Half the floor was completely empty.

So banking and finance can be anywhere. NY and CA have seen a mass relocation of staff to DFW, FL and NC. I do not think we will ever see a centralized location again. And with a commie mayor of NYC, the exodus will continue.
You can't fix stupid.
YouBet
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fc2112 said:

Kinda funny that almost none of those are actually in Dallas.


Frankly doesn't make sense to even think of Dallas as just Dallas anymore. It's a conurbation with multiple city centers that are all contiguous. DFW by itself would be somewhere around the 20th largest economy in the world if it was its own state. Many people just use Dallas interchangeably as DFW which is wrong, but it's pretty common.

Most people I know that say they live in Dallas actually live in a suburb simply because it's just easier to say Dallas because people know it.
tk111
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infinity ag said:

Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?


Right.
A lot of "conservatives" here are programmed to think like CEOs. All that a CEO cares about is "growth" as their bonus depends on it, they don't care about long term health. They just want "growth" without looking at side-effects. To give a human analogy, it is a person who takes steroids and other drugs to look muscular outwardly but is inviting long term health problems.

In the same way, these "conservatives" think that "growth" is a always a good thing without thinking what is contributing to that growth. It is usually liberals from CA and NYC, and H1B Indians who are streaming in. They will cause long term demographic changes by infecting elections and changing the system from within to turn it into another California, New York or Hyderabad.

Enjoy the "growth".

I pretty much open every f16 thread wondering how you are going to turn it into a rant against CEOs. It's a fun game.
txags92
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reineraggie09 said:

Junction71 said:

Hey, Junction is doing well also---we are getting an O'Reilly Auto Parts store on top of the 2 auto parts stores we already have!


As long as Lums is still there, I'll keep visiting.

It is our go to on the way out from South Llano State Park.
chris1515
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How much of this finance stuff moving to Dallas is just operations as opposed to actual decision makers?

I'll be much more impressed when Jamie Dimon packs up and moves to Dallas. Until then, I wonder if it's just chasing lower regulations and cheaper labor…and that's not something to get super excited about.
The Marksman
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I sure hope so. Business is booming in Texas and the future is bright.
WinTheWholeDamnThing
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chris1515 said:

How much of this finance stuff moving to Dallas is just operations as opposed to actual decision makers?

I'll be much more impressed when Jamie Dimon packs up and moves to Dallas. Until then, I wonder if it's just chasing lower regulations and cheaper labor…and that's not something to get super excited about.

No thank you
AggieVictor10
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infinity ag said:

Everyone in Texas, enjoy your H1B Boom.


Invest in butter chicken.
musicman55
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fc2112 said:

Kinda funny that almost none of those are actually in Dallas.

Dallas is really good at claiming credit for stuff that's not actually in Dallas.

A lot of these relocations that Dallas claims are actually coming for DFW Airport. Then they go to Plano, Westlake, etc.
WinTheWholeDamnThing
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AggieVictor10 said:

infinity ag said:

Everyone in Texas, enjoy your H1B Boom.


Invest in butter chicken.

Invest in ligma
YouBet
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WinTheWholeDamnThing said:

AggieVictor10 said:

infinity ag said:

Everyone in Texas, enjoy your H1B Boom.


Invest in butter chicken.

Invest in ligma


Ligma balls?
RED AG 98
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YouBet said:

fc2112 said:

Kinda funny that almost none of those are actually in Dallas.

conurbation

Evidently it was new word Thursday for me. Thanks!
WinTheWholeDamnThing
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YouBet said:

WinTheWholeDamnThing said:

AggieVictor10 said:

infinity ag said:

Everyone in Texas, enjoy your H1B Boom.


Invest in butter chicken.

Invest in ligma


Ligma balls?

Username checks out
MRB10
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It depends on a number of factors. Waze + car play helps immensely. The good thing is that each suburb typically has multiple options for grocery stores, sporting goods stores/retail, activities, and tons of restaurants.

I'm 95% city roads because of the above and don't have to mess with highways unless I'm going to the airport or office.

“There is no red.
There is no blue.
There is the state.
And there is you.”

“As government expands, Liberty contracts” - R. Reagan
techno-ag
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musicman55 said:

fc2112 said:

Kinda funny that almost none of those are actually in Dallas.

Dallas is really good at claiming credit for stuff that's not actually in Dallas.

A lot of these relocations that Dallas claims are actually coming for DFW Airport. Then they go to Plano, Westlake, etc.
The Cowboys don't even play there.
The left cannot kill the Spirit of Charlie Kirk.
YouBet
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techno-ag said:

musicman55 said:

fc2112 said:

Kinda funny that almost none of those are actually in Dallas.

Dallas is really good at claiming credit for stuff that's not actually in Dallas.

A lot of these relocations that Dallas claims are actually coming for DFW Airport. Then they go to Plano, Westlake, etc.
The Cowboys don't even play there.


They really don't play anywhere if we are being honest. They just collect money.
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