# Prof. Lawrence White on Wall Street's current low trading volumes

1 Faculty News July 25, 2014 ![Marketplace Logo](/sites/default/files/styles/246w/public/assets/images/marketplace_logo.jpg?itok=IIav3Udj)>

Excerpt from [Marketplace](http://www.marketplace.org/topics/economy/booming-markets-havent-translated-big-profits-wall-street) -- "'For there to be trades, there have to be differences of opinion,' says [Lawrence White](http://www.stern.nyu.edu/faculty/bio/lawrence-white), a professor of Economics at the NYU Stern School of Business. 'Somebody has to think, "It’s a good time to buy!" and somebody else has to think, "It’s a good time to sell!" When trading volumes are lower, it just means there’s less diversity of opinion, more consensus.'"

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