Merton Finkler

Author: Merton Finkler

Is Efficient Market Theory Dead?

Efficient Market Theory is Dead! Long Live Efficient Market Theory!

Many pundits believe that the efficient market hypothesis as a way to describe financial market behavior has suffered a fatal blow from the recent financial crisis. These advocates have attempted to nail the coffin on the EMH. Jeremy Siegel, author of Stocks for the Long Run, begs to differ. Read his October 27th piece in the Wall Street Journal which I have posted on my website.

Efficient Market Theory and the Crisis

The Long Climb

This week’s Economist magazine features a special report on the world economy. The authors address the current state of the world economy as well as conjecture about a “new normal” for the path forward. This indepth and well referenced report serves as great background for discussion about the state of the world’s economy, how we reached this state, and what are the prospects for the future. Follow the link below to indulge.

http://www.economist.com/surveys/displaystory.cfm?story_id=14530093