Tristan Hanson

From rationality to realism. Book review: “A Crisis of Beliefs: Investor Psychology & Financial Fragility”

Behavioural Finance

“The world…has witnessed an extensive history of financial bubbles, expanding credit, and subsequent crises…We put inaccurate beliefs at the centre of the analysis of financial fragility”.

In a new book, “A Crisis of Beliefs”, economists Nicola Gennaioli and Andrei Shleifer tackle the role of beliefs in financial… Read the article

US households: rarely had it so good?

Economics

With Korean missile launches, Trump’s tweets, Hurricane Harvey, NAFTA negotiations and Brexit battles, journalists have plenty to keep themselves busy.

Of course, some of today’s headline-grabbing events might bring profound and unexpected change with lasting impact on global financial markets. But then again, they may not: devastating local events such… Read the article