BlackRock Is Using Robots to Better Predict the Future of the Economy

(The Business Insider) The $6.3 trillion investment behemoth is offering a proprietary indicator called the BlackRock Macro GPS, which is designed to swing economic forecasts forward and provide more actionable information for investors. Officially, the tool’s purpose is to “show where 12-month forward consensus gross domestic product (GDP) forecasts may stand in three months’ time.”

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