Related Categories

Related Articles

Articles

Trump and the Trend-Followers (freaky stuff)

Trump and the Trend-Follower

Trump and his problems (Stock Market)
Artificial Intelligence?!? well, stupid is what stupid does...

...Turns out the algorithms behind so-called trend-following quants are rather primitive and suffer from many of the same weaknesses a mortal brain might. They've struggled to react fast enough to the unforeseen side effects of ending a decade of central bank stimulus, and even seem to get baffled by U.S. President Donald Trump.

"The models can't move as fast as the tweets," said Brooks Ritchey, senior managing director at Franklin Templeton"s K2 Advisors unit who oversees USD 3.6 billion and has exited all but one of the trend-following quants it used to invest in.

link:
www.bloomberg.com/news/articles