Bleak Outlooks Can Impact Personal Wealth
Kelli HorneJanuary 31, 2012 — 132 views
Some business experts and economists warn that market indicators can actually become variables that impact the economy and consumers' choices about investing. While some analysts argue over the accuracy of the predictions, others warn of the impact of the predictions themselves. According to the New York Times, this idea has been tested and validated by recent research in behavioral economics, a field that has grown extensively in the last decade. But according to business experts, "Emotion and impulse have no role to play in investing. The key to a successful portfolio lies in planning, discipline, and reason."
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