PT - JOURNAL ARTICLE AU - Robert A. Jaeger TI - Boosting the Liquidity of the Market Engine: <em>Horsepower</em> <br/> <em>versus Torque</em> AID - 10.3905/jot.2012.8.1.006 DP - 2012 Dec 31 TA - The Journal of Trading PG - 6--7 VI - 8 IP - 1 4099 - https://pm-research.com/content/8/1/6.short 4100 - https://pm-research.com/content/8/1/6.full AB - In this commentary, we make the analogy between market liquidity and its components and engine torque and horsepower. This analogy is used to appreciate the importance of contrarian investing and enables us to think more clearly about the influence of potential regulatory changes.TOPICS: Legal/regulatory/public policy, style investing, analysis of individual factors/risk premia