Daily Archives: October 29, 2024

In the realm of finance, cognitive biases profoundly influence investor decision-making. Among these biases, confirmation bias remains particularly pervasive. Confirmation bias is the inclination to favor information that aligns with pre-existing beliefs while discounting contradictory evidence. Confirmation bias is exacerbated by echo chambers on social media platforms, where algorithm-driven content […]

In This Article Key Takeaways Despite unpredictable mortgage rates, high-end real estate markets in cities like Seattle, Los Angeles, and San Jose are experiencing a surge in listings and sales, moving closer to pre-pandemic activity levels. With interest rates expected to decline, cash-rich and rate-locked homeowners are re-entering the market, […]