Today's environment seems to me to be the same situation under a different name. "Algorithmic Trading," "High-Frequency Trading" and all that money concentrated in index funds has created a combination of itchy trigger fingers and the biggest "crowded trade" I have ever seen, the indexing craze.
Today's environment seems to me to be the same situation under a different name. "Algorithmic Trading," "High-Frequency Trading" and all that money concentrated in index funds has created a combination of itchy trigger fingers and the biggest "crowded trade" I have ever seen, the indexing craze.
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