David Tuckett: How Stories about Economic Fundamentals Drive Financial Markets

The video features a discussion with a professor of psychoanalysis about his book on emotional finance and financial instability. It critiques traditional economic models for failing to account for market volatility and introduces a new theory based on interviews with fund managers. The theory emphasizes the role of uncertainty, information overload, and emotions in financial decision-making. It argues that emotions are crucial for making quick, effective decisions and that traditional models overlook the importance of experience and continuous decision-making in finance.

What is the essence of a financial market according to the speaker?

How do uncertainty and ambiguity affect financial decision-making?

Why does the speaker believe traditional models of financial markets are inadequate?

What role do emotions play in the decision-making process of financial market agents?

What is the significance of gut feelings in financial decision-making as described in the text?