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    Very important (June 27th)
    BY: Oliver Schoeffel
    Product Rights:
    Personal Use Only
    If you follow us, you must not be worried by the erratic behaviour of financial markets at the moment, whatever the weights we put on fundamentals of the economy and artefacts of technical analysis. The reason why is explained below.

    When examining financial markets, they are all very different with non-deterministic behaviour… But, there one common universal feature that can not be contested: financial markets are never following a quiet path. On the contrary, for all of them, they are either super-exponentially accelerating or crashing. In our education series, we have illustrated this FACT with the graph for the Hong-Kong main stock index from 1970 to 2000...

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