Our Computers Are Modeling a Raging Bull Market

Tom Yeung here with your Sunday Digest.In the 1940s, mathematician John von Neumann began working with Princeton University meteorologist Jule Charney on a computer model to predict the weather. The first version… well… wasn’t that useful. It took 24 hours for their ENIAC punch-card machine to model 24 hours of weather… something you could also do in real-time by looking out a window. I’ll stay inside, thank you.But computers eventually got faster, and weather forecasters began using machines to help refin ...