As if last week’s (week ending 23 September 2011) turbulence on the world’s stock markets wasn’t enough of an emotional rollercoaster for millions of market participant’s, we will offer only one bit of reflection this morning on the market conditions.
Remember, the markets live, breath and die by the age old human conditions (seven deadly sins) of:
- Greed / Avarice (Avaritia)
- Envy (invidia)
- Gluttony (gula)
- Sloth (acedia)
- Wrath (ira)
- Pride (superbia)
- Lust (luxuria
Therefore, the markets are Harsh, as we have written about before, however markets are still the most open, free and fair way to allocate resources, as we are reaching out to establish with our ‘The Market eQuation’, investigation.
All this activity we hope and trust will lead to a new understanding of the market which we will call:
Unbounded Market Rationality