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t of great power rise and fall from a cultural perspective” PLA Daily, June 8, 2015 6 They named his masterful insight: Carl von Clausewitz, Howard, Michael, trans. Clausewitz On War, (Washington: Library of Congress, 1998) 102 7 But in 1793: On War, p 591 (1984) 15 HOUSE_OVERSIGHT_018247 European rio
still more emergence. The easier it is to combine things the more creativity is tickled into life.125 You hear an amazing mashup of the Bee Gees and Michael Jackson; you download the tools to make your own. In every aspect of the connected world, growing complexity breeds emergence. This is true in finance, in te
ear an amazing mashup of the Bee Gees and Michael Jackson; you download the tools to make your own. In ever
ook The New Organum. Human knowledge, he means, is human power. You can imagine the energy, the promise of the book as it was passed in Latin copy to Kepler in his study in Linz (then Lintz), to Gallileo in Venice a decade before his imprisonment. It was this same human power to question even the most sac
nutes from July30/31 FOMC meeting August 22-24 — Jackson Hole Annual Economic Policy Symposium (Bernanke n
rades SPT LN & CORA NA, UBS downgrades LRE LN • Commerzbank upgrades WCH GY, JPM upgrades ADP FP & downgrades FFtA GY, Baader downgrades BEI GY ••• Kepler initiates F IM (reduce) & HAW GY (buy), Nordea downgrades VWS DC, Exane upgrades CBK GY ••• Investec upgrades HSBA LN, Shorecap downgrades DGE LN, H
rs: Lockhart @ 1:20pm (Miss) Conferences: CS Global Steel & Mining (London), Baader Investment Conference (Munich) Fed Speakers: Lockhart @ 1:20pm (Jackson, MS) Analyst/Investor Days: GHM Non-Deal Roadshows: ACI, BBG, BRCD, BRKR, CONE, CRNCY, CSCO, CYBX, DIOD, DLX, DVN, EARS, ENDP, FCFS, GK, GWRE, HAE
N SS & TDC DC ••• JPM resumes TIT IM (ow), SocGen initiates PKP PW (buy), Citi upgrades RBP SJ, BofA downgrades PEO PW ••• Danske upgrades NOBI SS, Kepler downgrades GXI GY & upgrades HEIJM NA, Investec downgrades UKM LN • BofA upgrades NRE1V FH, JPM downgrades ENG PW, Barclays downgrades ATL IM, Citi
nutes from July30/31 FOMC meeting August 22-24 — Jackson Hole Annual Economic Policy Symposium (Bernanke n
LN (buy), SocGen downgrades RBS LN • UBS downgrades OPHR LN & POLY LN, SocGen downgrades RF FP, Citi upgrades TCG LN, Swedbank upgrades MEDAA SS • Kepler downgrades DIA IM, Titan Cement upgrades TITK GA, Liberum upgrades PSM GY (buy), KBC upgrades RCUS BB • Citi raises price target SKYD GY, Citi name
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