India Stock Auction Needs Market Makers as Price Swings Persist
Original Report
India’s new closing system absorbed a record $4.2 billion of stock trades linked to MSCI Inc. index rebalancing on Monday. Yet the sharp price swings that have plagued it since launch persisted,...
India’s new closing system absorbed a record $4.2 billion of stock trades linked to MSCI Inc. index rebalancing on Monday. Yet the sharp price swings that have plagued it since launch persisted, underscoring a key challenge to its long-term success: the lack of market makers.
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Stock futures are little changed after Wall Street closes out winning August: Live updates
The major averages fell Monday, but notched gains for the month.
Japan’s benchmark bond yield hits 3% for first time since 1996
US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soon
The Hugging Face hack
That is the topic of my latest Free Press column. Some people are taking this in very dramatic fashion: One commentator is worried about a “full-blown AI takeover within months,” and another wrote...
Trump Dismisses ‘Little War’ With Iran as Clashes Resume
President Donald Trump dismissed concerns that the conflict in Iran was draining American firepower, saying "This is a relatively little war for us". Bloomberg's Onur Ant breaks down the latest...