In this episode, Phil Huber, CFA, CFP® and Ed Cruickshank, CFP® discuss one of the narratives that became popular during the fourth quarter – the rage against the machines. Many pundits in the news and social media said that the market downturn was “machine driven.” They attributed the sell-off to algorithm trading “machines.” Listen to this market 2018 wrap up episode to hear more.
Financial Times – Algorithms are an easy scapegoat for volatile markets
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