Why is the inverse of Charles's law wrong?
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Watching with interest the demise of some Distressed/High Yield funds thanks to "price action" and "low liquidity", with continuous pressure as well on some other asset classes in true "Risk-Off" fashion, we reminded ourselves of this week's title analogy of Charles' law, or the law of volumes. read more
Source: seekingalpha.com
The law of gases that explains why balloons rise bears his name. The law's name honors the pioneer balloonist Jacques Charles, who in 1787 did experiments on how the volume of gases depended on temperature. read more
Source: scientificamerican.com
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