Human stock pickers at hedge funds are actually beating their computer competition so far this year

Before computers completely take over the hedge-fund industry, they need to overcome one tiny obstacle: investment returns. In the first half of the year, computer-generated strategies, or what they call in the business, systematic strategies, returned 3.17 percent,...

‘Goldilocks’ environment for stocks, but a ‘big important catalyst’ could change that: Paulsen

The stock market should continue to climb higher despite the lack of progress on any of Trump’s policies in Washington, strategist Jim Paulsen told CNBC on Wednesday. For one, the market has no expectations for anything getting done, he said. However, “the...