It’s been so hard to hire people that he’d ‘welcome’ an economic slowdown, admits Indiana business owner

Translation: “we can’t find people with 20 years experience that will take $12 an hour with no benefits”

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Welcome the new AI investment overlordsMan vs. machine will replace active vs. passive as the dominant battle in the $80 trln money-management war. Pressure to cut costs keeps mounting while artificial intelligence gets better at systematic trading, crunching data and identifying trends. Logic favors the computers. Reuters tombuerkle What could possibly go wrong? ReutersBiz tombuerkle Hmm. Don’t give up your day job quite yet. They have a very long way to go.
Sumber: Breakingviews - 🏆 470. / 51 Baca lebih lajut »

The Fed thinks it's safe to keep hiking rates — it's wrong, market researcher saysThe Fed needs to slow its roll to avoid 'breaking' the economy, says James Bianco, president of Bianco Research. TradingNation Shaddap market researcher TradingNation Yeah, Trump said that! America needs a little more time before the Fed's Greedy ambition gets the best of us!
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »