The “butterfly effect” isn’t difficult to understand. The phenomenon states that a change of circumstances in one region can disproportionately create a much greater change in another. Illustrating its proof through deriving academic formulas is possible but unnecessary. One need [...]
To be blunt, Europe is a mess. It is difficult to read through any of the morning papers these days and not feel pessimistic. Not only has the market fell victim to headline-driven volatility, the stories behind each one illustrates [...]
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