The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves.
From Alex Berenson
I know it's a cliche, but trust me on this. I once dated a Canadian. Canada = boring.
Even technology companies get good news sometimes.
Trailer home borrowers, mostly near the bottom of the economic ladder, often default on their loans.
Normally, banks record profits on loans only as they are repaid, whether they securitize the loans or hold them on their books.
Investors have been too willing to buy stocks with strong reported earnings, even if they do not understand how the earnings are produced.
Every public company depends to some extent on the trust of its investors.
The credit quality of junk bonds varies widely.
Determining how many asbestos suits have been filed or how much companies have spent to resolve them is difficult. Cases are filed in state and federal courts, and many companies do not disclose their spending on settlements.
As a public servant, William H. Webster has an impeccable resume.
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