Over My Shoulder

13D: “Will the ‘black boxes’ cause the next financial crisis?”

January 14, 2018

13D does some of the best research in the country. I don't subscribe, but every now and then a friend sends me their work.
 
This is a fascinating dive into the question of whether algorithmic trading (algos) will be the cause of the next bear market. Something to put on your radar screen and think about.

Download - Will_the_%E2%80%9Cblack_boxes%E2%80%9D_cause_the_next_financial_crisis.pdf