On Feb 19, 2020, the S&P 500 stock index (GSPC) hit an all-time high of 3,386.15. On March 19, California became the first state to issue stay-at-home orders to deal with the COVID-19 pandemic, soon to be followed by other states. The initial unemployment claims (the number of people who became unemployment) for the week ending March 21 was 3.3 million, a more than 10-fold increase from the week before. On March 23, the S&P 500 closed at 2.237.40. a 34% decline from the February high. This reaction of the stock index to bad news proves that the Efficient Market Hypothesis is correct. React to this statement by choosing between True and False AND providing a short explanation for your choice