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Robots Caused the Stock Market Flash Crash

Originally aired: Wednesday, February 7, 2018

Thanks for listening to the Dave and Dujanovic Show a.k.a. D2 Hosts Dave Noriega and Debbie Dujanovic tried to make sense of the historic plummet of the DOW, but most financial experts are unable or unwilling to put it in terms regular people can understand. They reached out to Jason Ware of Albion Financial to put things into to laymen's terms, and discover that robots may have been a primary factor. Without human judgment, algorithms that automatically sell at certain numbers indiscriminately dumped stocks when things started looking down, which drove the correction farther than humans would have liked.