Why Are Markets So Calm? It’s Revenge of the Quant Funds
- Firms that use computers to determine buy and sell signals have been loading up while other investors sit back
The U.S. stock market is surprisingly calm right now, especially in the face of the debt-ceiling fight. A key reason: a growing divide between mainstream investors, who have largely been sitting out the 2023 stock rally, and the machines whose buying has been driving it.