I rarely do this, but I’m going to encourage our readers to take some time to read an article by one of our competitors (more on that later). I’ve been reading John Mauldin since a client directed me to his weekly e-mail letter in early 2000.
“Recency” bias, or the more formal term “availability” bias is something we have observed at SEM for years with our client and advisor base. The human brain by design more easily recalls the more recent events and then sets future expectations around these memories. The longer
Stock markets are usually described as being a “bull” or a “bear”, but a different animal could be used to describe the current market.
I’m not sure when the terms “bull” or “bear” market were first used, but they are