Exotic cyclic cohomology classes and Lipschitz algebras

We study the noncommutative geometry of algebras of Lipschitz continuous and Hölder continuous functions, where nonclassical and novel differential geometric invariants arise. Indeed, we introduce a new class of Hochschild and cyclic cohomology classes that pair nontrivially with higher algebraic K-theory yet vanish when restricted to the algebra of smooth functions. Said cohomology classes provide additional methods to extract numerical invariants from Connes– Karoubi’s relative sequence in K-theory.