Does Human Behavior Move the Markets?

Exchanges at Goldman Sachs

• Episode: Does Human Behavior Move the Markets?
• Website: Exchanges at Goldman Sachs
• Feed URL: http://www.goldmansachs.com/exchanges-podcast/feed.rss
• Duration: 00:17:41
• Published: 2019-06-26 22:45

Although financial markets tend to be explained largely in quantitative terms, human behavior still plays a major role in driving price action, says Sheba Jafari, head of technical analysis for Goldman Sachs’ Securities Division. Jafari, who looks at historical patterns to predict movements in markets, explains: “In my opinion, the mere fact that we have the existence of [asset] bubbles indicates that markets are still run by emotions -- fear, greed and hope.” Also in the episode, Jafari discusses the impact of AI and machine learning on trading decisions and her own unlikely path from film studies to finance.