80% of the stock market is now on autopilot

80% of the stock market is now on autopilot

Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters It’s no secret that machines are taking up a bigger and bigger share of investing, but the extent of their influence is approaching shocking proportions. It is as...
Traders Rejoice as Banks Pass Fed Stress Tests

Traders Rejoice as Banks Pass Fed Stress Tests

Major MovesĀ  The Fed gift-wrapped gains for stock investors today when it announced that all 18 banks it has been reviewing have passed round two of their stress tests. The Fed conducts stress tests on important financial institutions each year to ensure that they are...