Tag: market predictability
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Trader Nostalgically Reminisces About Chaotic Days Before Stocks Became Predictable Again
NEW YORK—With the S&P 500 closing at a tranquil 1.2% above its meticulously pre-programmed forecast for the 13th consecutive month, local trader Kyle Perkins, 41, found himself openly pining for the anarchic glory days when “anything could happen,” recalling with a wistful sigh how Wall Street once oscillated between euphoria and financial apocalypse every 30…
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