Wait, how do you arrive at "high frequency trading is productive" from these arguments? The stock market is only informative when traders are acting on relevant information. High-frequency trading is the opposite; competing on speed without contributing external information of their own.
I remember Apple's relief from the Tariffs showed up in the stock market. Despite the continued disruption within the non-public supply chain and logistics firms. Also, increased compliance and taxation probably precludes sectors that don't grow as well.
Would it be correct to assume more public-trading would normalize "the stock market" and "the economy" ? That decreasing % of economy privately-held would result in more applied information ? That we may witness more accurate-to-the-economy stock price reactions to AI developments, and the like, this way. Thank you for the this !
Wait, how do you arrive at "high frequency trading is productive" from these arguments? The stock market is only informative when traders are acting on relevant information. High-frequency trading is the opposite; competing on speed without contributing external information of their own.
Good essay. I'd prefer if we didn't tax all intra-trading profits such that the tax on changing asset allocatoin composition is not punished.
I remember Apple's relief from the Tariffs showed up in the stock market. Despite the continued disruption within the non-public supply chain and logistics firms. Also, increased compliance and taxation probably precludes sectors that don't grow as well.
Would it be correct to assume more public-trading would normalize "the stock market" and "the economy" ? That decreasing % of economy privately-held would result in more applied information ? That we may witness more accurate-to-the-economy stock price reactions to AI developments, and the like, this way. Thank you for the this !