So US equity trading volumes are now at four-year lows. Or five-year lows. Whatever, they’re low, but it’s also August.
Something to keep in mind as the global risk asset rally — which appears driven by some combination of better-than-expected-but-not-that-awesome US macro data and… talking from European policymakers — continues. Read more
Kid Dynamite made a good point in the comments of our post on Monday about falling daily US trading volumes: they could just be a correction to the churning frenzy that took place during the crisis, not necessarily a signal that volumes are destined to keep falling perpetually.
And at the end of the first quarter this year, Barry Ritholtz posted this excerpt from a Bank of America Merrill Lynch note (hat tip to Tim Duy for sending it our way): Read more
Does anybody know what’s been driving down daily US trading volumes in recent years?…