bid-offer spreads
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 8, 2018 by Michael Mauboussin · across every show →
Everything said about bid-offer spreads, oldest first
Jan 8, 2018
Mauboussin: Traditional Liquidity Metrics Cannot Be Properly Tested In Non-Stressed Environments
“Dealer inventories are way down, and I just don't think we've tested it, because many of the traditional tests of liquidity are things like bid-offer spreads and realized prices, but you can't really test it in non-stressed environments.”