Fixed income markets are big, diverse and can be extremely difficult to understand. Even the largest and most closely watched fixed income markets in the world, US Treasuries and US Corporate bonds, for instance, are impacted by countless factors including investor needs, macro-economics, and regulatory oversight. But the complexity in those markets pales in comparison to that […]
Category: Forbes
Technology Has Changed Wall Street, But Humans Are Still In Charge
Technology has fundamentally changed the financial markets over the past two decades. By and large, these changes have been positive – lower trading costs for investors, a reduction in errors, greater transparency and an overall reduction in systemic risk. But recent volatility has reignited a decade’s old conversation about what impact automated trading has on the market. […]
Money Losing Startups Are Cool Again
Fall is budget season. This is the time when most of corporate America spends countless hours making educated guesses as to how much money they can generate in the coming year, and how much money they need to spend to get there. When your business is good and conditions are ideal, the former should go […]
Understanding The US Bond Market
The $41 trillion U.S. bond market allows corporations to grow, governments to finance themselves efficiently, investors to gain fixed returns with lower risk, communities to build infrastructure, young families to buy houses, and you to buy your cup of coffee in the morning. Understanding exactly what the bond market is, where it came from and where it […]
Six Books To Learn About The Real Wall Street
There is always a story – sometimes interesting, sometimes boring – explaining how we got here and why things are the way they are. In an age where Wall Street remains largely misunderstood by non-Wall Streeters, and many on Wall Street must maintain such a laser focus on the task at hand that they can’t […]
Quantimental Investing and Forbes
I’m excited to now be an official contributor for Forbes.com. My posts on Forbes will be an extension of what I do every day – talking about market structure, FinTech and the changing capital markets. My first post examines quatimental investing. As always comments welcome: For decades, the universe of institutional investors has been largely […]