4 ms·
If you still think EMH is valid after this cycle, I have a monorail to sell you.
by fny 4y ago
If you still think EMH is valid after this cycle, I have a monorail to sell you.
- iqkznnft 4y agoWould you like to make explicit to us how you define EMH and his you think that this cycle contradicts it?
- fny 4y agoIt's pretty clear to me that when liquidity runs rampant, valuation doesn't matter, instead momentum and herding take over. How else do you justify a 400% increase in ARKK and a collapse that occurred inline with fiscal and monetary stimulus.