Colin Henderson's personal annotations on this page
Fascinating analysis suggesting a fundamental shift is occurring in banking. Umair writes in the HBR.
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Let’s begin with a quick explanation from the ever-incisive Tyler Cowen. He notes:
"What is distinctive today is the drying up of market liquidity — the inability to buy and sell financial assets — caused by a lack of good information about asset values...Market prices have been drained of their informational value."
This link has been bookmarked by 3 people . It was first bookmarked on 05 Apr 2008, by Colin Henderson.
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Colin HendersonFascinating analysis suggesting a fundamental shift is occurring in banking. Umair writes in the HBR.
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Let’s begin with a quick explanation from the ever-incisive Tyler Cowen. He notes:
"What is distinctive today is the drying up of market liquidity — the inability to buy and sell financial assets — caused by a lack of good information about asset values...Market prices have been drained of their informational value."
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