Eliminating all biases when investing is nearly impossible. Financial markets are a prime example of the way human biases can manifest at either end of a spectrum of emotions: This is the core of behavioral finance, where the study of economics and psychology intersect.
Deutsche Bank is conducting a global review of its investment bank that could result in cost cuts, a person with direct knowledge of the matter said on Wednesday.
As I began writing this column, the stock market was in the midst of another sell-off, this time in response to the announced departure of Trump economic adviser Gary Cohn and fears of an impending trade war. The Dow has dropped more than 300 points (or 1.3 percent) — and it's only lunchtime.