The machines strike again — Wall Street is blaming a familiar culprit for the latest stock market bloodbath
|02/09/2018||Posted by BusinessMediaguide.Com under General World News||
- The Dow plummeted 1,000 points for the second time in a week on Thursday.
- While some said the selloff on Thursday felt more human, there are those who see the influence of machine-based traders once again.
- “The slower moving strategies such as risk parity and vol target funds tend to move over a week or so later, thus leading to the second wave of selloff,” one hedge fund manager told Business Insider.
The Dow plummeted 1,000 points for the second time in a week on Thursday. Perhaps we shouldn’t be surprised.
The sharp fall on Monday was <a target="_blank" read more >>>