On the recent market selloff, tech earnings and privacy
Some thoughts on the recent market selloff
As I write these words, the Dow Jones Industrial Average is up nearly 400 points, about 1.85%. The Nasdaq is up even more. Does that mean the market rout is over? No. But, for me, it does suggest a lot of the downdraft was caused by automated selling, with algorithms amplifying volatility.
Nothing in the real eco…