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One Cause Of Market Turbulence: Computer-Driven Index Funds

FYI: A decade ago, the center of gravity on Wall Street were raucous trading desks and stock exchange floors. These days, the locus has shifted to far quieter places, where computers are in charge.
Regards,
Ted
https://www.nytimes.com/2018/02/09/business/etf-index-funds-market.html

Comments

  • Rise of the machine and artificial intelligence. Let' see how well they perform through an entire economic cycle.
  • I'll add this to my already large collection of "Cause Of Market Turbulence" articles, no two of which are in agreement. As usual.
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