Justin Urquhart Stewart: Lizards v reasoners in financial markets

Emotions move markets

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Justin Urquhart Stewart: "The human brain is not a cool, calculating, analytical machine - it is more like a warzone where various factions are battling for control."
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Justin Urquhart Stewart: "The human brain is not a cool, calculating, analytical machine - it is more like a warzone where various factions are battling for control."

When markets are as volatile as they have been of late, writes Justin Urquhart Stewart, investors need to ask if there is something wrong with the fundamentals or if it is more that emotions are in play

In December 2018, US equities fell by 16%. On Christmas Eve alone, they lost 4%. Little of substance had changed in the global economy over the preceding month and yet investors turned negative in droves...

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