Why Did Flash Crash Report Miss This One Key Topic?
The search for causation over the May, 2010 "flash crash," a one hour near 1,000 point loss and recovery on the Dow Jones Industrial Average, is a complex topic but one important to accurately document. Such quantitative market mishaps only have the potential to cause more economic damage as society becomes increasingly dependent on technology and "artificial" intelligence. Initially regulators publicly blamed a "fat finger" on the market sell-off that . . .
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