Chris Wood provides context for the spike in market volatility and associated market correction. How strong US wage growth unsettled the 'goldilocks' era for stocks, contained inflation which allowed interest rates to remain at ultra-low levels. How the proliferation of 'algo' trading and ETFs exacerbated the selloff.
https://grizzle.com/market-sell-off-wage-inflation-spooks-zombie-algo-trading-machines/
Submitted February 13, 2018 at 05:12PM by thomasg_grizzle http://ift.tt/2BsqjJw
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