SGG believes that the market structure is an important behavior factor. Technology and computing power are definitively important drivers. The Investment management industry has been highly commoditized and the rise of passive investment is a result. When I say "Commoditized" it means that financial products suppliers profit margins have shrunk...
The aftermath of the COVID crisis and the ongoing Ukraine conflict has been a surge in inflation to level not seen in a long time. From globalization and fear of deflation to friend-shoring and fear of inflation. Looking back at the last 40 years, summer 1982 marked the start of...
Trading and intraday trading has become quite widespread. Nowadays, many have access to tools, softwares and trading platforms. They have captured the attention of the crowd that .."yes" ! You can do it like the pros. The above chart does not show return and time frame on purpose. Each little...
The iconic S&P 500 index offers many instruments to market participants. Price changes are obviously very important but looking at trading volumes across instruments is an interesting way. Here are a few charts: The light redish line is the S&P 500 index and the Green line is the OBV (On...
