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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.
Source: Breakingviews - 🏆 470. / 51 Read more »
Cramer: 'It's not a safe market' — in fact, it's the most treacherous stock market in years'I think that there's a lot of people who say, 'I got to get out. I got to get out, because everyone else is getting out,'' says the 'Mad Money' host. maybe don't put the head of Trump U in charge of the country next time? Wheat from chaff, we all know it. How stupid is this guy?
Source: CNBC - 🏆 12. / 72 Read more »