It’s a followup to the Wired article Algorithms Take Control of Wall Street.
It’s a followup to the Wired article Algorithms Take Control of Wall Street.
Market participants are pressing the pause button on Wall Street’s recent stock rally as they sift through a buffet of remarks from Fed speakers. Federal Reserve speakers yesterday emphasized that the current fed funds rate is restrictive and is likely to continue to support disinflation, but more evidence is needed that price pressures are easing in a sustainable manner before the central bank lowers rates.
Fears of a China economic slowdown are weighing on metals and mining stocks, although a past pattern may provide some long-term insight.
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
The Dow smashes through 22,000 mark even as valuations soar