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What markets are efficient? In general, the markets for the stocks and bonds of and for treasury securities are efficient. However, there is evidence that
- What markets are efficient?
In general, the markets for the stocks and bonds of and for treasury securities are efficient. However, there is evidence that "pockets of inefficiency" exist and that "emotional excesses" can distort values. The markets for real assets (real estate, MRIs, and so on) are efficient.
What evidence supports stock market efficiency?
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