Episode 22: Behavioral Biases in Trade and Commodity Markets (Audio Podcast)
Trade decisions are not made by spreadsheets alone. They are made by people, and people are biased.
In this episode of Circus & Circuit: Unraveling Global Trade podcast, Kate Foronda explores how behavioral biases quietly shape global trade negotiations, commodity markets, and supply-chain decisions. From anchoring and overconfidence in deal-making to herding, sunk-cost thinking, and recency bias in commodity and logistics markets, this episode explains why even experienced traders and companies make costly mistakes.
Backed by real research, market data, and real-world trade examples, the episode shows how psychology — not just economics — drives pricing, contract terms, risk perception, and market volatility. Kate also shares a personal story from her own career that illustrates how anchoring bias can derail negotiations, even when the numbers clearly change.
This episode is essential listening for traders, founders, supply-chain professionals, investors, and anyone operating in international markets who wants to make better, more disciplined decisions under uncertainty.
🎧 Listen now and learn how behavioral discipline can become your competitive advantage.
@ Katsiaryna “Kate” Foronda
foronda.us
