Imagine you have got investing ability? Your overconfidence might be highly-priced

Imagine you have got investing ability? Your overconfidence might be highly-priced


Critical Factors
  • Many buyers, in particular young ones, specific significant confidence in their economic acumen. Having said that, they also disproportionately answered queries improperly on a economical quiz, in accordance to a current report.
  • “Overconfidence bias” can be unsafe for traders, who may lose income or just take too significantly chance.
  • Employing a “pre-mortem” strategy might assist traders counter likely overconfidence.



Source

Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’
Finance

Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’

Key Points Even as economists tout the Trump administration’s tax and deregulatory policies as boosting economic growth this year, JPMorgan Chase CEO Dimon said that his own tendencies were to consider what could go wrong. “My own view is people are getting a little comfortable that this is real, these high asset prices and high […]

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Supreme Court ruling throws Trump administration’s tariff strategy into flux. What it means for global trade, U.S. economy
Finance

Supreme Court ruling throws Trump administration’s tariff strategy into flux. What it means for global trade, U.S. economy

Key Points U.S. President Donald Trump’s decision to reimplement tariffs after the Supreme Court struck some down only served to aggravate global trade tensions. As uncertainties rise, foreign governments and big businesses are likely to adopt more cautious stances on investments as well as imports and exports, particularly on deals that involve the U.S. — […]

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Stocks making the biggest moves midday: KKR, Blackstone, CrowdStrike, International Paper & more
Finance

Stocks making the biggest moves midday: KKR, Blackstone, CrowdStrike, International Paper & more

Check out the companies making the biggest moves midday: Financials — The financials sector of the S & P 500 slid more than 3% in midday trading, the worst performer in the broad market. Alternative asset managers KKR and Blackstone slid roughly 9% and 7%, respectively, after activist hedge fund Saba Capital Management and Cox […]

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