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Would you like to make explicit to us how you define EMH and his you think that this cycle contradicts it?
by iqkznnft 4y ago
Would 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.