Markets wrap · X @MoneyTurkey

Indices S&P 5007,561.7 −0.40% NASDAQ 10027,944 −1.22% DOW52,348 +0.10% RUSSELL 2K2,790.5 −0.31% S&P FUT7,583.0 −0.42% NDX FUT28,035 −1.23% VIX19.30 +3.21% TSX36,106 −0.09% BOVESPA172,458 +0.66% MEXICO IPC71,205 −0.84% FTSE 10010,903 +0.36% DAX26,750 −0.08% CAC 408,368.9 +0.09% STOXX 506,386.9 −0.19% SMI15,106 −0.29% FTSE MIB51,859 +0.10% IBEX 3520,020 +0.27% AEX1,141.0 +0.07% OMXS303,356.9 −0.07% BIST 10011,843 +0.27% NIKKEI61,142 +0.53% HANG SENG23,638 −1.55% SHANGHAI3,634.4 −0.59% CSI 3004,016.3 −0.68% KOSPI5,290.5 −0.98% TAIEX43,675 +1.35% ASX 2009,082.2 −0.71% SENSEX81,592 −0.39% NIFTY 5025,144 −0.61% STI5,231.8 −0.96% FX DXY103.41 0.00% EUR/USD1.1028 −0.28% GBP/USD1.3209 −0.20% USD/JPY159.69 −0.10% USD/CHF0.8382 +0.44% USD/CAD1.4269 +0.11% AUD/USD0.6774 −0.54% NZD/USD0.5525 −0.43% USD/CNH6.6738 +0.02% USD/TRY50.3447 +0.12% EUR/TRY55.4947 −0.22% GBP/TRY66.5168 −0.07% USD/MXN18.5230 −0.36% USD/BRL5.6666 +0.38% USD/INR94.24 +0.21% USD/ZAR16.9233 +1.14% USD/KRW1,336.2 +0.14% USD/SGD1.2877 +0.11% USD/HKD7.8455 +0.02% USD/SEK10.0729 +0.53% USD/NOK9.5748 +0.42% USD/PLN3.9928 +0.30% EUR/GBP0.8343 −0.07% EUR/JPY175.99 −0.38% EUR/CHF0.9243 +0.21% GBP/JPY210.97 −0.25% Yields US2Y4.85% −1.2bp US5Y4.96% +1.8bp US10Y5.14% +3.6bp US30Y5.47% +4bp DE2Y3.11% −0.4bp DE10Y3.39% +1.3bp GB2Y4.97% +0.2bp GB10Y5.34% −0.3bp GB30Y5.79% +0.2bp FR10Y4.93% +0.9bp IT10Y4.43% −0.7bp ES10Y3.94% +0.2bp CH10Y0.57% +1.2bp JP10Y2.87% +1.1bp CN10Y1.61% −2.6bp AU10Y5.14% +1.4bp CA10Y3.86% +4.6bp IN10Y7.31% +6bp BR10Y15.34% −10.5bp ZA10Y8.68% +3.5bp MX10Y9.30% −0.6bp TR2Y36.26% −52bp TR10Y33.52% 0bp Commodities GOLD$3,886.30 +0.03% SILVER$49.12 −1.89% PLATINUM$1,489.70 −2.02% COPPER$6.090 −1.71% BRENT$95.84 +0.02% WTI$88.56 −0.20% NAT GAS$3.230 −3.29% WHEAT593.25¢ +1.54% CORN445.50¢ +0.68% SOYBEANS1,231.50¢ +1.03% COFFEE279.25¢ +0.22% Crypto BTC$64,449 −4.10% ETH$1,803 −4.48% SOL$70.59 −6.70% XRP$0.9448 −4.61% BNB$588.27 −5.24% DOGE$0.0581 −7.21% ADA$0.1490 −9.32% TRX$0.3071 −1.42% AVAX$7.09 −11.43% LINK$9.05 −6.10%
02:30 GMT · Markets wrap ›

Book Pick: The Psychology of Money by Morgan Housel

MoneyTurkey editors
Dark drawn editorial still life of a wooden desk under a warm brass lamp: a blank navy cloth book with a thin gold rule, a few unbranded coins, and an open notebook with empty pages. Headline: Book Pick: The Psychology of Money by Morgan Housel. Strap: Harriman House presents the book as 19 short stories about the strange ways people think about money. Tiles: published, 8 September 2020, Harriman House paperback; length, 256 pages, ISBN 9780857197689; form, 19 short stories, not a manual of formulas. MISSED badge. Books desk, Saturday 14 Nov 2026. Sources: Harriman House, Waterstones. Chart: MoneyTurkey.

Why do people with the same information make such different money decisions? Morgan Housel’s The Psychology of Money argues that the answer lies less in what we know than in how we behave.

MoneyTurkey Books Desk | 14 November 2026

The Psychology of Money — Morgan Housel (Harriman House paperback, published 8 September 2020; 256 pages; ISBN 9780857197689) · See it on Amazon UK

His publisher, Harriman House, presents the book as 19 short stories about the strange ways people think about money, rather than a manual of formulas and spreadsheets.

Key points

Three ideas run through the publisher’s account of the book.

  • Knowing is not doing. Understanding the maths of a decision does not tell you how someone will act when their own money is on the line.
  • Every choice has a backstory. A person’s history and view of the world shape their financial decisions in ways a spreadsheet cannot capture.
  • Money is social. Ego, pride, marketing and incentives all get mixed into investing, personal finance and business decisions.

Why it matters now

For readers who follow markets, the takeaway is a useful habit: before judging whether an investment looks attractive on paper, ask what assumptions about human behaviour sit underneath it. That is our reading of the book’s framing, not a trading signal or a promise of better returns.

This pick is based on the publisher’s synopsis and edition details. It is not a full review of the book.

Sources: Harriman House: publisher synopsis and paperback details; Amazon UK: paperback listing.

Buy The Psychology of Money on Amazon UK →

As an Amazon Associate MoneyTurkey earns from qualifying purchases. Amazon Associate purchasing terms apply. Not investment advice.

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