You are here

Market may be guilty of gambler's fallacy on Fed rate hikes

Sydney

WHEN successive coin flips turn up heads, a gambler's instinct would dictate the next toss results in tails - even if the odds are still 50-50.

That's the so-called gambler's fallacy, and financial markets are at risk of making the same mistake of emphasising past precedent

sentifi.com

Market voices on:

Powered by GET.comGetCom