Analyze reasons why good news for the economy (long term) isn’t always good news for stock and other financial markets (short term).
Evaluate the assumption that stock price movements are purely random (the random walk theory), describing what a random walk is.
Discuss the strengths and weaknesses of the efficient markets hypothesis.
Explain the rationale for buying stocks when stock prices are not predictable, noting what kind of strategies would be useful for investing $100,000.
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