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Weekly Recap for Oct. 15-21, 2018

After a recovery in bond prices for U.S. Treasuries on Oct. 10-11, yields began to rise again this week, while still remaining below the peak from Friday, October 5. Asian markets continued to get pummeled, however, and pressures continued to mount for the Trump Administration regarding its friendly stances toward Saudi Arabia (after the apparent murder of journalist Jamal Khashoggi) and Russia (after the charges against Russian agents for interfering in the upcoming midterm elections).

Other interesting articles included the following:

ECFR: “Russia, Ukraine, and the Battle for Religion
RiskHedge: “The Most Disruptive Event of the Decade Is Here” (the 5G tech boom begins this year)
Atlantic: “The Idioms of Non-Argument” by Conor Friedersdorf
Atlantic: “The Extreme Discomfort of Sharing Salary Information
Atlantic: “An Experimental Boost for Quantum Weirdness

Early on, de Broglie did offer a kind of compromise, a version of his theory that was promulgated again in 1952 by the physicist David Bohm, and which is now known as Bohmian mechanics or de Broglie-Bohm theory. In this picture, there’s an abstract wave function that extends through space—an entity that’s just as mysterious in this theoretical framework as it is in the Copenhagen interpretation—as well as real particles somewhere in it. Proofs in the 1970s showed that de Broglie-Bohm theory makes exactly the same predictions as standard quantum mechanics. However, with one element of classical reality restored—concrete particles—new mysteries arise, like how or why a mathematical wave function that’s spread everywhere in space is bolted in certain places to physical particles. “Quantum mechanics is not less weird from that perspective,” Tomas Bohr said. Most physicists agree, but it’s really just a matter of taste, since the experimental predictions are identical.

 

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