Why stock market has been stable during economic chaos: quants

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The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading

spurred fear for investors, business owners, and bankers alike; and recent discussions on breaching the debt ceiling have caused uncertainty about the future of Social Security or potential job loss, among other scares.In fact, the S&P is up nearly 10% year to date, as of May 29. Meanwhile, the

While some investors have stepped back from equity markets due to high valuations and an uncertain course of the US economy, quant funds have been"doubling down," The Journal reported.

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