Nasdaq Economist: Equities' Electronic Opacity Inhibits Confidence, Growth

Bringing post-crisis mountains of cash “off the sidelines” and back, on a sustained basis, to the equities markets requires a two-part approach, the Washington, DC-based economist recommends.

The first, with the litany of fiscal and political crises seen in the past few years, is for politicians to steadily reduce uncertainties each time the can is kicked further down the road—a process Hatheway says is slowly if belatedly beginning to work. Citing numbers from a newly formulated “uncertainty