The Bot Brief

"There is no force on earth more powerful than an idea whose time has come."     Victor Hugo

Bots in the News:

Perhaps it was in anticipation of Halloween or the fundaments associated with the Government Shutdown or the ever-changing tariff situation, but the dramatic Friday collapses in subsequent weekends presents a puzzling picture for investors. Following all three major indices hitting all time highs, significant crashes drove bears to the forefront. Several of the predominant performers during the year were punished in the market. AeroVironment and Joby Avionics declined 6.50% and 14.75% respectively after having experienced dramatic returns YTD. The Chinese electric car company joined the ‘ugly’ crowd, falling some 12% with the growing hostility between the two superpowers. S & P Index More discussion regarding the parallels of the boom and bust of the Y2K Internet ‘bubble’ and the current AI driven marketplace. The recent bank loan problems facing middle-tier financial institutions and the prognostication of Jamie Dimon regarding the potential of a market selloff lends some credence to the bear market stance. However, many professional investment managers still feel that the economy is on the right track to deliver strong performance throughout the year and beyond.

2020's Decade of Bot Index