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Behind The Market Swoon: The Herdlike Behavior Of Computerized Trading

FYI: Behind the broad, swift market slide of 2018 is an underlying new reality: Roughly 85% of all trading is on autopilot—controlled by machines, models, or passive investing formulas, creating an unprecedented trading herd that moves in unison and is blazingly fast.

That market has grown up during the long bull run, and hasn’t until now been seriously tested by a prolonged downturn.
Regards,
Ted
https://www.wsj.com/articles/behind-the-market-swoon-the-herdlike-behavior-of-computerized-trading-11545785641?mod=hp_lead_pos5
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