The Global Macro with The Notetaker

<p>Watching the endless flood of financial headlines right now is like drinking from a highly-subjective firehouse.</p> <p>Hindsight is always 20/20, yet there's no shortage of opinions about the events that have transpired during the past year. There are opinions about why inflation is rising so quickly, why the Fed's actions were the wrong decisions, or why the stock market is incredibly over or undervalued at this very moment.</p> <p>Subjective opinions might succeed in stirring up provocative news show conversations, but they also often induce dangerous biases. Media and political biases put their spin on every story, and they aren't shy about blaming the bad news on their opponents. The social media viral spread of misinformation can lead to cognitive biases, causing irrational conclusions due to misinterpretation. Emotional biases like anchoring or loss aversion paralyze us from taking action, even when great opportunities arise. And the endless debate about whether the glass is half full or half empty will continue for eternity, with bulls dismissing bearish pessimism and bears refusing to accept blind bullish optimism.</p> <p>Of course, this is all normal as part of our human nature. We're hard-wired to be triggered by the principles of influence, which is why these biases work against us. The mere recognition that they exist is the first step we can take in <a href="https://7investing.com/articles/improving-your-decision-making-process-with-krzysztof-piekarski/">honing a better decision-making process</a>.</p> <p>Yet in today's special 7investing podcast, we're going to take another important step. We're going to throw the opinions and the biases out the window, and <em>we're going to take an objective look at the data</em>.</p> <p>Now's the right time to dig into the numbers. To search for important insights about the financial bigger-picture and the current state of the economy. And from that, make informed decisions about what's in store for the stock market.</p> <p>To help us accomplish this, we've b