The us stock market is efficient

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Reference no: EM131173819

True, False, or Uncertain? Discuss

"The US stock market is efficient."

In preparing to contribute to this discussion, you should first think about what is it that the market is supposed to do efficiently. Having identified what it means to say that the market is efficient, consider the observable (or empirical) implications of stock market efficiency. Is real world data or observation consistent with these implications?

Reference no: EM131173819

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