Misbehaving in a Volatile Market. By Ben Carlson.

“Volatility is heightened right now. We have volatility in markets, government policy, trade and supply chains, which translates into emotional volatility. Let’s look at some of the ways this manifests through a host of behavioral biases that impact us all in some way:

Recency bias is when you give more weight or importance to recent events.

Stocks are up. The correction is over! Stocks are down. This downturn will never end!

There is a tendency to declare victory — either bullish or bearish — when the stock market is rising and falling rapidly. The volatility plays head games with you.”