Would You Trust A Robot With Your Money?
Our experts explore a case study of a do-it-your-self investor who is approaching retirement and is considering switching to a robo-advisor to manage his money.
Our experts explore a case study of a do-it-your-self investor who is approaching retirement and is considering switching to a robo-advisor to manage his money.
The “Money Talks” hosts cover the week’s market moves Industrial production, the producer price index and the Fed’s Beige Book, which covered activity from mid-February through March, showed modest-to-moderate growth in most districts, while labor continued to improve or remained stable. On Wednesday, industrial production dipped 0.6 percent in March. On Thursday, turbulent trading led to an afternoon downsizing. Stocks traded lower on Friday, following market sell-offs in Europe and Asia. Meanwhile, consumer confidence is up this month. The University of Michigan’s consumer sentiment index jumped to 95.9 in the first half of April, from a reading of 93 in March. A sharp decline propelled by events overseas on Friday left U.S. stocks lower for the week.