Re:Another 1.3M Americans File for Unemployment
by SpicyLemonZest on Thursday July 16, 2020 @11:48AM
(#23860184)
The theory's going around, but it doesn't ultimately make much sense. Algorithmic trading is still set up and managed by humans on a day-to-day basis, so it can't by itself explain persistent market highs.
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Re:Another 1.3M Americans File for Unemployment
by R0b0t1 on Thursday July 16, 2020 @12:57PM
(#23860929)
If people defer to the algorithm instead of sanity checking it the explanation works, but you're relying on some willful ignorance on part of the traders. Or perhaps massive disconnect from reality.