Diminishing liquidity in financial markets is the unwanted but unsurprising consequence of post-crash rulemaking.
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Every Rule Has Its Price
Tag Archives: Markets
Be Happy – Or Else
China’s government sees no reason to let the truth get in the way of what it deems to be the truth.
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Wang Did It
China finds scapegoats in the press for its financial woes; we sought ours in the banks.
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When Good News Is Bad News
Bernanke painted an optimistic picture of the economy last week. So why did financial markets recoil?
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In The Trading Game, The House Wins
If you don’t have better information or faster execution, you won’t win the trading game. So why play?
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When Avoiding Bad News Is Worse News
Volatile markets like the one induced by COVID-19 often produce calls to close the stock exchange. It’s always a bad idea.
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