It has always amazed me when I meet people who have not left their home countries, let alone traveled overseas. Why is that? Why are some people driven to explore the world, while others are content with their lot at home? It turns out wanderlust may be in our genes.
This week's round-up of interesting papers, articles, tweets, and blog posts covering economics, investor behavior, retirement, and more.
Goldman Sachs recently released its “S&P 500 Beige Book,” a quarterly survey of corporate conference calls which similarly collects “anecdotal evidence of fundamental and thematic trends” from which they highlight major themes.
Nearly 38% of global respondents to this week’s poll think the behavioral biases of investors are the primary cause of investment bubbles, while 33% of those polled believe responsibility lies with central banks and their easy money policies. Excessive leverage (19%) and government policies (7%) were less favored responses.
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