Category: Finance

Efficient Market?

Watching the market the past couple of days has reminded me of the Efficient Market Hypothesis (all available information is priced in at any point in time). As has been pointed out by many people in the past, one of…

Richmond Fed Survey

The Richmond Fed Business Activity Survey was concerning.  The data points that stood out to me in this particular survey were: 1) The volume of new orders (diffusion index going moved from -1 in May, to -7 in June, and…