Felder Report: “Blaming ‘Algos’ For The Decline Is Really Just an ‘Inverted Stock Tip”
by jessefelder Last month, when stocks were tanking, there was a lot of talk about “algos” and how the computers were responsible for the waterfall decline. It’s true that, as recently reported by the Wall Street Journal, “Roughly 85% of all trading is on autopilot—controlled by machines, models, or passive investing formulas, creating an unprecedented trading … Read more