Market Commentary (July 2011)

On July 27, 2011, in Market Perspective, by admin

Before acting on my advice, let me first offer a caveat that markets imperfectly reflect interdependent economies, each of which are complex adaptive systems that dynamically interact with other complex adaptive economies in a highly interconnected and diverse adaptive worldwide economy under conditions of uncertainty and imperfect knowledge leading to emergent outcomes that are inherently path dependent. Ability to adapt [...]