Planning Briefs
Amid A Confluence Of Crises, Keep Financial History Top Of Mind
Published Thursday, November 9, 2023 at: 11:21 PM EST
Amid the Mideast war, Ukraine military stalemate with Russia, and rising tensions with China over Taiwan, it’s important to remember that the modern era has been in crisis almost perpetually, and the U.S. stock market has continued to rise anyway.
People tend to assume what’s happening in the world now is going to continue and this can result in making bad investment decisions. Behavioral economics even has a name for this human foible: recency bias. So here are key facts to remember in this time of geopolitical turbulence.
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