Know your own biases | Signals and Noise Premium, July 10

This week's Premium edition is ready. Here is what is inside:

The Members Message: the six biases that quietly drive bad decisions, with the fix for each, plus the members video.

Geopolitics: the on-again, off-again war, rising NATO spending, and the widening cracks in the AI story.

The Oz Economy: the chart showing housing credit leads house prices across thirty-five years, and the ASX valuation panel with our indicator sitting neutral at a CAPE of 19.6, not expensive and not cheap.

Special Study: the race for rare earths, recycling, blacklists, defence pacts and new processing hubs, mapped as one five-year theme.

This week's podcast and the full show notes, plus the monthly coaching call reminder, live with Steve, Tom and Jacob.

The market is going sideways and fairly valued, so this is a patience game. Energy and emerging markets remain the more attractive ground for now.

Read the full edition below.