Business
What if the stock market emperor has no clothes
I answered the phone this morning.
“Mate, the market is stupid”
It was my mate, ringing to chew the fat on his way to work.
“The S&P 500 is up more than 7%. In a month!”
“That’s nuts”
He’s right, of course.
While the academics tell us how efficient the market is, and the boffins…
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