Rob Wallos, creator of the index, says that information on actual trading by the "mob" of institutional investors provides more meaningful context than end-of-day index prices alone.
"Investors really need indexes that cut across countries and asset classes, and standardize and simplify them to a basic level," Wallos says. "Volume tells you the 'emotional' state of the market that is driving changes in price... and is probably as important as price movements themselves."
The main page of the Mob I
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails