It’s a followup to the Wired article Algorithms Take Control of Wall Street.
AUTHOR
Mick Weinstein
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Here’s a snapshot of the eight economic indicators watched by Goldman Sachs’ rock star economist, Jim O’Neill.
Fed officials’ mixed comments on interest rates led to a volatile week for stocks, with all three major averages ending the day down over 1% for the first time in a month.
The Fed stuck to its higher-for-longer stance, with Chairman Jerome Powell reiterating that taming inflation remains a priority, while Chinese markets rallied after easing of their strict ‘zero Covid’ policy.
Bill Gross shows that when it comes to investing, smaller accounts can have a real advantage over the larger ones.