Investor Biases; irrationality and common investor mistakes
While traditional finance assumes that investors will rationally calculate probabilities of outcomes to maximize utility, behavioral finance suggests that we make decisions based on bounded rationality and instead of maximizing our benefit, we come to satisfactory conclusions without necessarily getting what is best.
Early July 2020 thoughts
A) The stock market started the second half of 2020 strongly as the economies are reopening and medical news are fluctuating. B) The markets are clearly linked to the COVID-19 statistics.