http://annarborchronicle.com it's like being there Wed, 26 Nov 2014 18:59:03 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.2 http://annarborchronicle.com/2013/06/16/um-consumer-sentiment-data/?utm_source=rss&utm_medium=rss&utm_campaign=um-consumer-sentiment-data http://annarborchronicle.com/2013/06/16/um-consumer-sentiment-data/#comments Sun, 16 Jun 2013 21:42:25 +0000 Chronicle Staff http://annarborchronicle.com/?p=114800 Writing in the New York Post, columnist Jonathon M. Trugman criticizes the University of Michigan for “cheating” individual investors. Trugman writes: “Last week the university admitted that it releases market-moving consumer-sentiment data to business partner Thomson Reuters’ high-paying clients five minutes before everyone else gets the information. And the data are given to higher-paying high-frequency trading clients two seconds earlier than that. It’s all quite legal, but it certainly isn’t fair. And if it isn’t fair, then it isn’t a free market – and that’s the point.” [Source]

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