Recency bias is the tendency for people to overweight new information or events, projecting them into the future while ignoring long-term evidence. This bias causes many investors to engage in ...

This is the ninth article in the Behavioral Finance and Macroeconomics series, exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...

Do you know what “recency bias” is? If so, when was the last time you had a heart-to-heart conversation with yourself about it? Recency bias isn’t complicated. It is the tendency we have to take ...