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"We Need More Suckers At The Table" - Quant Funds Stumble As Dumb-Money Disappears

"We Need More Suckers At The Table" - Quant Funds Stumble As Dumb-Money Disappears

The omniptence of artificial intelligence is unquestioned. The 'future' is automation, robotization, and algorithmic domination is the mantra of the new normal prognosticators - and anyone who challenges this world view is a luddite or 'denier'.

There's just one problem - those quantitative, AI-based, computerized algos, that are supposed to be making people obsolete in the financial markets, are in trouble. As Bloomberg reports, program-driven hedge funds are stumbling, a promising startup has closed, and once-reliable styles are showing weakening returns.

Chinese State Media Asks "Can Trump Win The Game Of Chicken With North Korea?"

While President Trump is more than willing to tweet or comment ad hoc his feelings about any of several crucial geopolitical hotspots, the Chinese prefer the more subtle approach. With their India border tensions, officials pen 'threatening' articles; but with North Korea, it appears the government prefers a well known mouthpiece - The China Global Times - to send a message to America - simply put, back off the rhetoric before this goes pear-shaped because North Korea has nothing to lose...

Ron Paul Institute: "Only Morons Believe What The US Government Says About North Korea"

Ron Paul Institute: "Only Morons Believe What The US Government Says About North Korea"

Authored by Daniel McAdams via The Ron Paul Institute for Peace & Prosperity,

Usually foreign analysts of the American political scene are either sycophantic or just annoying, but no one would dare say that about Aussie observer Caitlin Johnstone, whose punk rock style of cutting to the chase is as refreshing as it can be shocking (I am not a fan of the strong language, but I get it).

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