Bigger spreads mean bigger gaps between what buyers pay and sellers receive. For example, a spread of 10 cents a share means that the buyer pays $100 more for 1,000 shares than the seller receives.
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.
There is such opacity within the art market. There's also an abundance of fraud and misrepresented goods, which leads to mistrust between buyers and sellers.
I don't think fashion week will go back to what it used to be because people are realising that the industry is completely changing. It's not just in Bryant Park any more, people are figuring out who their audience is, where they want to show, they aren't really playing by the rules. It's not so much about these editors, these buyers.
Ultimately, the success of America's market economy depends on trust. This includes trust between buyers and sellers, between lenders and borrowers, and between investors and the companies in which they invest.
Help for first time buyers and other housing market measures will be welcome.
What's hurtful is when you have portrayals like, you know, when you have someone like Jared Leto who accepts an award for 'Dallas Buyers Club,' after playing a trans woman, standing in a full beard and looking fully cis male: it is communicating to our audiences that underneath all of that, it's still a man under that.
I have written my own screen version of Pern, but had no buyers yet.
I have friends who died being successful bohemians. Today, I see people my age who are gifted but who insisted on staying in this group, and it's beaten them so bad. They have to spend so much time on ego maintenance, they can't get any work done. They'd be very happy to sell out, but there are no buyers, and that hurts.
Sometimes all it takes to connect entrepreneurs to overseas buyers is to get them into the same room.
