Drudge Retort: The Other Side of the News
Thursday, March 26, 2020

The U.S. stock market's plunge this year has been faster than at any other time in history. What's driving the speed and severity of the bear market is the escalation of algorithmic trading, which is more prevalent than it was during the Great Recession in 2008. Sadly, wealth preservation is at stake as funds in retirement accounts compete, and are defeated, by programmed machines.

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It is an opinion piece but is spot on.

#1 | Posted by GalaxiePete at 2020-03-26 12:19 PM | Reply

@#1

Yup.

Some brokerage firms are even replacing customer-assisting analysts with computer algorithms.


#2 | Posted by LampLighter at 2020-03-26 12:36 PM | Reply

#2 Why shouldn't they?

#3 | Posted by bored at 2020-03-27 01:19 AM | Reply

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