ZeroHedge70%
One Of These Markets Is Wrong 79%
By The Market Ear77%
7/22/2026, 10:13:08 PM
Keywords: Geopolitical Risks, Energy Risks, Equity Volatility, AI Positioning, Earnings Season, Oil, Vix, Ovx, Btd, Mags, Semi Options
BS Summary: This article contains 19 faulty reasoning types, including Recency Bias, Post Hoc (False Cause), and Representativeness Heuristic, with Optimism Bias as the most egregious example at 21.5% saturation with 28 hits. Analysis detected 254 faulty-reasoning hits from 130 analyzed words, generating a BS Score of 70.8% and a BS Rank of 79% (4,434 of 20,737 articles). This article is worse (more manipulative) than 78.60% of the article peer group.
Two narratives are colliding
Geopolitical and energy risks continue to build, yet equity volatility remains remarkably subdued.
At the same time, the recent AI positioning reset has created a more constructive setup heading into earnings season, at least in the near term.
Decoupled
Oil has continued climbing while VIX has barely responded.
Historically, these markets have moved much more closely together.
The same disconnect has emerged between VIX and oil volatility (OVX), reinforcing the view that equity volatility remains unusually subdued relative to energy markets.
More here.
Source: LSEG Workspace
Land war is the risk
Source: Bloomberg/Authers
VIX convexity
Source: Equity Clock
Ignoring oil
Now what?
BTD still rules
Source: BofA
Semi options
Washed out in MAGs
Source: JPM
Could get fluid
Source: Nomura
Confirmation Bias
1.5%Confirmation Bias
OverallThis article
1.5%AuthorThe Market Ear
12.1%PublicationZeroHedge
7.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Anchoring Bias
0%Anchoring Bias
OverallThis article
0%AuthorThe Market Ear
5.4%PublicationZeroHedge
1.7%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Availability Heuristic
6.9%Availability Heuristic
OverallThis article
6.9%AuthorThe Market Ear
5.1%PublicationZeroHedge
4.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Representativeness Heuristic
18.5%Representativeness Heuristic
OverallThis article
18.5%AuthorThe Market Ear
3.5%PublicationZeroHedge
1.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Hindsight Bias
0%Hindsight Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
1.3%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Overconfidence Bias
2.3%Overconfidence Bias
OverallThis article
2.3%AuthorThe Market Ear
3%PublicationZeroHedge
2.9%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Framing Effect
4.6%Framing Effect
OverallThis article
4.6%AuthorThe Market Ear
12.5%PublicationZeroHedge
10.7%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Loss Aversion
0%Loss Aversion
OverallThis article
0%AuthorThe Market Ear
0.9%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Status Quo Bias
6.9%Status Quo Bias
OverallThis article
6.9%AuthorThe Market Ear
1.2%PublicationZeroHedge
0.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Sunk Cost Effect
0%Sunk Cost Effect
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Optimism Bias
21.5%Optimism Bias
OverallThis article
21.5%AuthorThe Market Ear
5.6%PublicationZeroHedge
2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Pessimism Bias
13.8%Pessimism Bias
OverallThis article
13.8%AuthorThe Market Ear
8.9%PublicationZeroHedge
3.8%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Negativity Bias
13.8%Negativity Bias
OverallThis article
13.8%AuthorThe Market Ear
9.7%PublicationZeroHedge
11.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Self-Serving Bias
0%Self-Serving Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
1.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Fundamental Attribution Error
0%Fundamental Attribution Error
OverallThis article
0%AuthorThe Market Ear
0.6%PublicationZeroHedge
1.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Actor-Observer Bias
0%Actor-Observer Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
In-Group Bias
0%In-Group Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
1.2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Out-Group Homogeneity Bias
0%Out-Group Homogeneity Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.9%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Halo Effect
0%Halo Effect
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.8%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Horn Effect
0%Horn Effect
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Dunning-Kruger Effect
0%Dunning-Kruger Effect
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Recency Bias
19.2%Recency Bias
OverallThis article
19.2%AuthorThe Market Ear
14.6%PublicationZeroHedge
3.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Primacy Effect
0%Primacy Effect
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Blind-Spot Bias
0%Blind-Spot Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Ad Hominem
0%Ad Hominem
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
1.3%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Straw Man
0%Straw Man
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Appeal to Authority
8.5%Appeal to Authority
OverallThis article
8.5%AuthorThe Market Ear
4.3%PublicationZeroHedge
6.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
False Dilemma
8.5%False Dilemma
OverallThis article
8.5%AuthorThe Market Ear
1.7%PublicationZeroHedge
2.2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Slippery Slope
0%Slippery Slope
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
2.3%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Circular Reasoning
18.5%Circular Reasoning
OverallThis article
18.5%AuthorThe Market Ear
1.7%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Hasty Generalization
2.3%Hasty Generalization
OverallThis article
2.3%AuthorThe Market Ear
13.6%PublicationZeroHedge
6.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Red Herring
1.5%Red Herring
OverallThis article
1.5%AuthorThe Market Ear
0.1%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Bandwagon
0%Bandwagon
OverallThis article
0%AuthorThe Market Ear
0.8%PublicationZeroHedge
0.7%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Appeal to Emotion
0%Appeal to Emotion
OverallThis article
0%AuthorThe Market Ear
0.8%PublicationZeroHedge
5.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Begging the Question
18.5%Begging the Question
OverallThis article
18.5%AuthorThe Market Ear
2.4%PublicationZeroHedge
1.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Post Hoc (False Cause)
19.2%Post Hoc (False Cause)
OverallThis article
19.2%AuthorThe Market Ear
6.7%PublicationZeroHedge
5.5%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Tu Quoque
0%Tu Quoque
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.3%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Burden of Proof
0%Burden of Proof
OverallThis article
0%AuthorThe Market Ear
0.4%PublicationZeroHedge
0.7%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Appeal to Nature
0%Appeal to Nature
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Composition/Division
0%Composition/Division
OverallThis article
0%AuthorThe Market Ear
1.3%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Anecdotal
0%Anecdotal
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
2.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
No True Scotsman
0%No True Scotsman
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Ambiguity (Equivocation)
6.9%Ambiguity (Equivocation)
OverallThis article
6.9%AuthorThe Market Ear
6.6%PublicationZeroHedge
2.8%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Gambler’s Fallacy
0%Gambler’s Fallacy
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Middle Ground
0%Middle Ground
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Personal Incredulity
0%Personal Incredulity
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Special Pleading
0%Special Pleading
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Genetic Fallacy
0%Genetic Fallacy
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Unattributed Quote
0%Unattributed Quote
OverallThis article
0%AuthorThe Market Ear
5%PublicationZeroHedge
4.2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Quote-first Misdirection
0%Quote-first Misdirection
OverallThis article
0%AuthorThe Market Ear
1.9%PublicationZeroHedge
2%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Biased Writer Voice
0%Biased Writer Voice
OverallThis article
0%AuthorThe Market Ear
5.8%PublicationZeroHedge
10.7%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Indoctrination
0%Indoctrination
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
1.3%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Politically Left Leaning Bias
0%Politically Left Leaning Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
0.4%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Politically Right Leaning Bias
0%Politically Right Leaning Bias
OverallThis article
0%AuthorThe Market Ear
0%PublicationZeroHedge
2.6%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
Attempt to Sell a Product or Service
2.3%Attempt to Sell a Product or Service
OverallThis article
2.3%AuthorThe Market Ear
0.2%PublicationZeroHedge
1%Bar shows this article. Yellow and cyan markers show the selected author and publication averages.
130 words analyzed.
Analysis
Hover over highlighted words in the article to view the associated bias or fallacy analysis.