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Vol. 1  ·  No. 501
AllMarketGeopoliticalEconomyTax & WealthBehaviouralDaily Thread
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Coverage: kahneman
60articles
May 8, 2026first coverage
Aug 21, 2026most recent
Behavioural (58)Weekend Edition (1)Daily Thread (1)
Behavioural
The TSX Hit a Record High This Morning. That Is Exactly When Overconfidence Peaks.
The composite touched a fresh intraday record near midday, minutes before the Fed delivered a tone investors were not positioned for. The research on what happens between the high and the headline is specific and well documented.
Jun 17, 2026 6 min
Behavioural
When the Thesis Reverses: Energy Investors and the Disposition Trap
WTI crude has fallen more than 23% from its 2026 peak in two weeks. Clients who rode Canadian energy stocks from February to June are now facing a decision the research says they will almost certainly get wrong.
Jun 16, 2026 6 min
Behavioural
The Peace Dividend Trap
When geopolitical relief arrives, investors don't exhale. They reach for yield. Research on the overreaction cycle explains why the most dangerous moment is right now.
Jun 15, 2026 7 min
Behavioural
The War Premium Is Fading and Clients Want to Sell
WTI has dropped more than $20 from its April peak. Clients sitting on large energy gains are feeling something Kahneman identified in 1979. The advisor who understands the disposition effect will hold them in place. The one who does not will watch them lock in a tax bill and miss the next leg.
Jun 11, 2026 6 min
Behavioural
The Hold Clients Can't See Coming
The Bank of Canada holds again today. Research on status quo bias explains why some clients will do nothing with their mortgage even when doing nothing costs them more.
Jun 10, 2026 7 min
Behavioural
The Availability Heuristic Is Running Your Clients' Portfolios Today
Missiles over Tel Aviv on Sunday night. The TSX up 0.19% on Monday. The gap between what your clients felt and what markets did is not an anomaly. It is the availability heuristic doing exactly what Tversky and Kahneman predicted it would.
Jun 9, 2026 6 min
Behavioural
The Record-High Trap: Why the Pullback Hurts More Than It Should
The TSX hit an all-time high Thursday, then fell 2.3% Friday. For clients who watched both, the sequence matters more than the math.
Jun 8, 2026 6 min
Behavioural
The Investors Who Sold Into the Shock Are Now Buying Into the Relief
The Israel-Lebanon ceasefire is inverting the recency bias that geopolitical volatility built over three months. Advisors who understand the mechanism can stop the second mistake before the first one is even recovered.
Jun 5, 2026 7 min
Behavioural
The Ceasefire That Wasn't and the Investor Who Already Sold
Iran suspended peace talks Wednesday as Israeli strikes on Lebanon intensified. The selloff that followed demonstrated a familiar pattern: investors acting on the anticipation of bad news rather than its confirmation. That distinction matters enormously for portfolio outcomes.
Jun 4, 2026 6 min
Behavioural
The Market They Fled Is the Market They Missed
Three months after the Hormuz shock triggered waves of retail selling, the TSX sits near its 2026 high. Loss aversion drove the exits. The same mechanism is now preventing re-entry.
Jun 3, 2026 6 min
Behavioural
The Ceasefire Cycle and the Investor Who Learned Nothing
Iran's suspension of U.S. talks triggered an 8% oil spike, a partial recovery, and a predictable wave of retail selling. The research on this pattern is three decades old. The outcome is still the same.
Jun 2, 2026 6 min
Behavioural
The Reference Point Has Shifted. Clients Don't Know It Yet.
Brent crude has fallen roughly 20% from its April peak. Most Canadian investors are still anchored to the high. Understanding why is what separates a useful advisor conversation from a useless one.
Jun 1, 2026 7 min
Weekend Edition
The Week That Priced a War Out and a Recession In
Five days, three simultaneous frameworks, and a TSX that ended the week higher than it started. What changed in the analytical picture, and what advisors need to carry into June.
May 30, 2026 10 min
Behavioural
The Recession Word and the Clients Who Heard It
Canada's Q1 GDP print triggered a news cycle built around one word. Understanding what that word does to investor decision-making is where the advisory opportunity lives.
May 29, 2026 6 min
Behavioural
Strong Bank Earnings Won't Calm the Client Who Is Already Anxious
When headline numbers beat expectations and equity prices still fall, the mental accounting gap between "my bank is profitable" and "my portfolio is fine" widens. That gap is where advisors earn their value.
May 28, 2026 6 min
Behavioural
The TFSA Recontribution Trap Is Live Right Now
When markets fall hard on geopolitical shock, investors withdraw from TFSAs to move to safety. The recontribution mistake is the predictable next step, and it costs them in ways they never see coming.
May 27, 2026 6 min
Showing 33–48 of 60 articles

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