Recency Bias: Are You at Risk?
Jim Gore, CIO of THOR Investment Management, discusses some of the behavioral biases we are seeing by investors in the stock market today.
Before the recent sell-off, the S&P 500 was more overvalued than the beginning of 2000 (when looking at price-to-sales ratio). This market sell-off is also different than that of 2000. Here we have seen all parts of the market sell-off initially. In 2000 this was not the case. There were…Read More
The U.S. government has a long standing history of including incentives in the income tax code to encourage home ownership. This is because of the positive impact home buying has on the economy - consumer spending makes up over two-thirds of the U.S. economy. Purchases of homes, especially new construction,…Read More