What level of market efficiency best describes the U.S. financial markets?

Question

Quizplus · Accepted Answer

The U.S. financial markets are best described as semistrong efficient. This means that all publicly available information is quickly and accurately reflected in current stock prices, but insider trading and other non-public information can still be used to gain an advantage. The U.S. financial markets are considered to be semistrong efficient, meaning that all publicly available information is reflected in stock prices in an efficient and timely manner. This includes information such as financial statements, news releases, and analyst reports. However, insider information is not included in this level of efficiency.

What Level of Market Efficiency Best Describes the U