Are you ready to dismantle the complexities of our emotions and how they shape our economic decisions? Peter Atwater, author of “The Confidence Map,” joins us to unravel this intriguing and often misunderstood relationship. We explore the role of mood in decision-making, the psychological effects of potential layoffs and recessions, and the impact of housing unaffordability on economies. Dive into the disparities between economic indicators and consumer sentiment as we unfold how external factors such as the pandemic can rock our confidence.
But there’s more. Ever wondered how your emotional state influences your stance as a bear or bull in the stock market? Let’s talk about it. We also focus on how our fast-paced, technologically driven lives and our penchant for information that validates our beliefs can create a rollercoaster of confidence. Peter unveils an incredible concept from his book, illustrating how our confidence level can be visualized and predicted, offering an insightful perspective on decision-making and market movements. So, join us for this enlightening episode that not only reveals the predictability of human behavior but also underscores its profound influence on the economy.
Join us live! Visit https://www.getthinktanked.com to register free.
Chapter Markers:
00:00
00:02 Evaluating Confidence and Economic Factors
16:04 Mood’s Influence on Market Confidence
32:31 Confidence’s Impact on Decisions and Markets
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