The Role of Analytics & Media Sentiment During Volatility
The pandemic and ensuing market volatility can lead to irrational behavior within the financial markets. Combined with the speed of today’s information across a variety of mediums, including social media, it can be difficult for advisors to keep up pace. Understanding how investors react to various events, news, and how it impacts the advisor's clients, investments, and their practice is paramount. The disciplines of market psychology and behavioral finance are increasingly becoming an integral part of the wealth management marketplace and investment management process driven by data analytics and AI.
View this webcast to understand the definition and role market psychology plays in wealth management.
What you'll learn:
- Examples of how information can impact emotions, change investment behavior, and influence market prices
- How wealth management firms and advisors are incorporating intelligence and media sentiment in their practices
- Sources of support, news, and media sentiment tools
Click here for insights on the rest of the Moving Beyond Turbulence Series.