Category: Macro

Crowdsourcing in markets

What is crowdsourcing? If we ask Wikipedia, it tells us that it “is a sourcing model in which individuals or organizations obtain goods and services. These services include ideas and finances, from a large, relatively open and often rapidly-evolving group of internet users; it divides work between participants to achieve a cumulative result.” Within a trading context, how…

Trading what’s priced in

If I go to the Burger King (for some reason it sounds better that way, by including the ‘the’), I kind of know what I’ll get. The burger, will likely be a Whopper. Whether I’m in London or New York, the whole Burger King experience is likely to be very similar. The burger should taste…