Algorithmic trading is becoming mainstream and accessible for everyone. See one of our NINI winners. Follow us on our IG, FB for more examples. We're back at X. #algotrading#Winners#the5percentclub
Goldman Sachs just released their AI report on economic growth.
They predict 300 million jobs will be lost to automation.
Here are the key takeaways everyone must know:
25 Things I wish I knew about investing 20 years ago.
Lesson 1: Invest for the long term.
In the short run, stock returns can be very volatile, but they are very robust in the long run. Over time, stocks always perform better than bonds.
G10 currencies are seeing massive moves, especially the Pound and Euro. These moves aren't irrational or overshooting. The fair values of both have shifted to reflect higher energy costs and far weaker trade balances. The Euro is still 10% overvalued. The Pound is 20% overvalued.
Inflation has altered the economic mood, and potentially reset the path of global and national economies worldwide for many years. Our article discusses 7 data points to highlight inflation's impact and its future effects.