I think as #traders we are involved in one of the industries where having a handle on your mental health is extremely important.
Emotions can absolutely destroy a trade, a destroyed trade can destroy emotions and the cycle continues.
So we have opinions…
But also the feedback they were given was more positive, so what I think matters is if they were informed or not as feedback would have potentially changed.
Speed of reply may have been a factor.
This sort of experiment probably involved a degree of hidden confirmation bias.
Final thought is that therapy is supposed to be “client centred” whereas AI like GPT-3 uses aggregated language models for a best fit. There’s a danger that it results in a one size fits all aggregated response mechanism as opposed to client focused.
Interested to hear ur thots
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A visualisation of 8 factors influencing the Federal Reserves approach to inflation.
A thread based on Governor Cook’s speech on 06 January 2023.
1/9
2. This shows Personal Consumption Expenditure (PCE), 2022 period had peak total figures of 7+ in June which have declined to 5.5 with core figure decline to 4.7.
These figures exclude food and energy which gives a more accurate signal of total inflation’s trajectory.
3. Breaking down core PCE we can see the impact that housing has had and how it is lagging the other components which have fallen dramatically such as goods @ 3.8 versus housing at 7.3.