Against the unavoidable backdrop of the ongoing Trump 2.0 global economic policy extravaganza and our own unique perspective on the true definition of the "Trump Trade," Alphacution presents its evidence for how current US equity market macrostructure has become degraded as a price discovery mechanism. This research is a prologue to Alphacution's upcoming case study, "US Equity Market Macrostructure Evolution."
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Paul Rowady is the Director of Research for Alphacution, a research and strategic advisory platform uniquely focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading and asset management. He is a 35-year veteran of the proprietary, quantitative and derivatives trading arenas.