With regard to the financial market, the ability of market participants to keep past market developments in mind. As financial psychology teaches, bad developments are quickly forgotten by all participants (“financial disaster is quickly forgotten,” as this theorem is often expressed). – See fear thesis, myopia, sine curve fetishism, casino doctrine, carryover effect, psychological, loss trap, payday rule of thumb.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/