Solomon Asch

2 results

Analysts tend to get it wrong when companies are strongly outperforming or underperforming relative to others in their sector, according to a 2013 study. Photograph: Brendan McDermid/Reuters

Earnings season is now under way in the United States, so market analysts will be kept busy in the coming weeks, chopping and changing their earnings (...)

More than half of respondents believed bitcoin was in a bubble when it was trading at $2,200. A few months later, bitcoin had more than doubled and was trading at $5,300, but fewer people now believed they were witnessing a bubble. Photograph: Sascha  Steinbach/EPA

As US markets raced higher in January, ordinary investors were going gaga for stocks. There were four times as many bulls as bears, according to an Am(...)