How Communication Impacts Behavior
February 9, 2021
It goes without saying that 2020 has been an unusual and disruptive year. The global COVID-19 pandemic, economic uncertainty, and imbalanced sector performance have wreaked havoc on investor activity. Despite the concept of “buy low and sell high,” the industry continued to see record outflows even as the market approached its lowest levels in over a decade. As the market began a rebound, we saw increased investment activity and speculation. Some investors panicked and abandoned their financial plans.