4 approaches ‘anchoring bias’ can damage you economically

4 approaches ‘anchoring bias’ can damage you economically


Vital Factors
  • “Anchoring bias” is a cognitive bias whereby human beings unconsciously count on an initial number or piece of info when creating long run conclusions.
  • It’s a form of psychological shortcut that may perhaps have adverse implications for individuals in the context of buying, retirement financial savings, investing and negotiating.



Source

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Finance

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]

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TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events
Finance

TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events

Key Points The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events. Polymarket will provide real-time data visualizations of fan sentiment and momentum during fights, offering an additional layer of engagement alongside traditional sports betting. Source

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Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more
Finance

Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more

Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 […]

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