Let's say we replace Retail for Passive in many of the paraphrases from the original post. Does everyone agree Efficient Market Hypothesis holds regardless of Retail actions with lower trading expenses? Personally I tend to interpret comments from Eric Liu, head of research at Vanda Research, as potentially directed towards the original topic: “I don’t share this concern that markets are no longer trading on fundamentals. They have not traded on fundamentals for a long time.”Is there some other question on the table now? If so, what is it?
https://www.visualcapitalist.com/charte ... 2014-2023/
https://www.ft.com/content/7a91e3ea-b9e ... dd3b8bddb5
Statistics: Posted by alluringreality — Tue Feb 27, 2024 4:30 pm — Replies 113 — Views 10520