Word: rationale
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But there's absolutely no rational reason why a rally couldn't be considered the real thing. I've looked at all of the major stock market collapses that we've had (40% decline, or more) including this one. Since 1900, we've had six others, and two of them...
The weakest part of the market has become gangrenous. Unless it is removed, this infection will continue to spread to the rest of the body. Housing prices have to get to the bottom as fast as possible in order for buyers to enter the market of their own accord. In...
Humans are supposed to be rational creatures. But while we strive to base our decisions on thoughtful deliberation and analysis, the occasional fit of passion has been known to creep in. Jonah Lehrer explores these warring impulses, revealing the mind to be a series of competing catalysts, a tangled network...
In an interview with TIME, Bao Tong says his decision to sign the charter comes from a long-held regret over joining the Party. "Sixty years ago I wanted violence. In order to promote Leninism and communism, I joined this party. I made this mistake. I signed Charter 08 to...
The study's deeper implication, according to Coates, may be for economic principles. "Efficient-market theory harbors the assumption that if you're not rational ... you'll be driven out of business," he says. "It's clear that traders aren't rational. They can be. But whether they're rational...