(P. 185) From my angle, studies need to be done studying «percentage liquidity» seeing how spreads divided by average bid / ask size have to be done — narrow spreads don't mean much if you can't do much volume there.
Not exact matches
Similarly, if the
spread is
narrow, investors
do not have high expectations, and inflation is expected to stay somewhat stagnant.
Credit
spreads can continue to
narrow (supported by U.S. tax reform, which might result in more limited high yield and investment grade supply), but we don't anticipate a repeat of the Great
Narrowing of 2017.
Invest when credit
spreads are wide; don't invest when they are
narrow.
Why
did the
spread narrow?
Don't get me wrong, when
spreads and yields are
narrow, I am not there.
The commonest growths in the ear are not malignant (they
do not
spread to other parts of the body), but a nuisance because they
narrow the ear canal.
i.e. the
spread of model their model outcomes is too
narrow and doesn't encompass the real world range -RCB-, This is where scientific judgment comes in — some people are better at pattern recognition and meaningful correlation than others.
Although the Journal
did not describe the arbitrage mechanism, its story claimed that
narrowing spreads between the bitcoin price and the GBTC price allowed traders to profit as they would when arbitraging an exchange - traded fund (ETF) and its underlying assets.