Predicting the next stock market 'flash crash'
- Written by Romesh Saigal, Professor of Industrial & Operations Engineering, University of Michigan
Flash crashes have become more common in recent years.JMiks/shutterstock.comSoon after the Great Recession, the U.S. stock markets plunged – and rebounded within 36 minutes. The Dow Jones Industrial Average dropped more than 9%, losing more than 1,000 points before suddenly recovering.
This May 6, 2010 event was the first recorded “flash...
