Some cells tracked progress towards immediate subgoals – like chopping vegetables in our cooking analogy – while others mapped progress towards the overall goal, such as finishing the meal. Together, these goal progress cells created a system that gave our location in behavioural space rather than a physical space. Crucially, the system is flexible and can be updated if the task changes. This encoding allows the brain to predict the upcoming sequence of actions without relying on simple associative memories.
The behaviour we compose to reach our goals is replete with repetition. Generalisation allows knowledge to extend beyond individual instances. Throughout life, we encounter a highly structured distribution of tasks. And each day we solve new problems by generalising from past experiences.
Some cells tracked progress towards immediate subgoals – like chopping vegetables in our cooking analogy – while others mapped progress towards the overall goal, such as finishing the meal. Together, these goal progress cells created a system that gave our location in behavioural space rather than a physical space. Crucially, the system is flexible and can be updated if the task changes. This encoding allows the brain to predict the upcoming sequence of actions without relying on simple associative memories.
The behaviour we compose to reach our goals is replete with repetition. Generalisation allows knowledge to extend beyond individual instances. Throughout life, we encounter a highly structured distribution of tasks. And each day we solve new problems by generalising from past experiences.
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
