
Understanding the Cycle of Investor Emotions, A Wave, Not a Straight Line
Understanding the Cycle of Investor Emotions, A Wave, Not a Straight Line 9th April 2026 Markets are often described through data and performance, but the experience of investing is rarely linear. For most investors it feels more like a wave, rising gradually, peaking and then falling away before building again. At the beginning of the wave sits optimism. Conditions feel stable, outlooks are positive and confidence begins to lift. As markets continue to rise, that









