It’s a followup to the Wired article Algorithms Take Control of Wall Street.
AUTHOR
Mick Weinstein
380 postsYou may also like
By Tuesday’s close, all three averages were down 3 percent on the week, and the S&P had given up its post-election gains. Stocks fell as tariffs affected Canada, Mexico, and China. Each country announced retaliatory tariffs of their own, further fanning inflationary fears among investors.
Trade developments and continued momentum pushed all three major averages to modest gains again for a shortened holiday trading week. So while there is good news overall, uncertainty still lingers beneath the employment surface.
Look past the politics and read the latest from George Soros if you want to understand the underpinnings of the euro crisis.
For long-term investors, one of the most difficult tasks is keeping your eyes on the prize.