Every 15-20 years currencies experience regime changes (from current-account trading to interest-differential trading to risk-on/risk-off trading), and many algos are built on historical models that fail to recognize when regimes shift, making them persistently inappropriate.
causalpending
Speaker
Stanley DruckenmillerEvidence Quote
“every 15 or 20 years there's regime change...a lot of these algos are built on historical models and I think a lot of their factors are inappropriate because they're missing they're in an old regime”
Created: 8/10/2026, 10:51:28 PM
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