Public Mood
The term Public Mood is synonymous with Social Mood. For more information, visit this article.
The term Public Mood is synonymous with Social Mood. For more information, visit this article.
The topic of “The Future” has always fascinated humanity. But results consistently show that the practice of Futurism is deeply flawed. What is the error in the usual approach, and is there a better alternative?
Recently published and preliminary work from researchers at four universities indicate that trends in social mood as displayed in social media predict price moves in the stock market. The studies provide important further evidence of the socionomic hypothesis: that changes in states of unconscious social mood precede—because they motivate—changes in the stock market and other social events.
Social mood is a shared mental state among humans that arises from social interaction. Social mood predisposes individuals in the group toward emotions, beliefs and actions. It fluctuates constantly in a fractal pattern. It is unconscious, unremembered and endogenously regulated. Socionomic theory proposes that social mood governs the character of social […]
Read an in-depth interview with Robert R. Prechter, Jr., founder of the Socionomics Institute. “I always feel that it’s taking too long for people to discover socionomics. But when I review the latest developments, I realize that progress is coming along nicely.”
Socionomics states that the stock market is not like physics. This essay reasserts the common problems economists and futurists experience in forecasting social and macroeconomic trends and the role of optimism in the economy.
In truth, wars in the Middle East DO NOT move the stock market. Every single day includes “good” and “bad” news of some sort, and it’s easy to retrofit that news to an up or down close in the Dow.
The underlying idea of causality that the Standard Social Science Model simplistically borrows from physics that external social actions cause reactive changes in social mood is inappropriate for understanding the genesis of financial market action.
Another Example of Rationalization, Ripped from the Headlines.