Evidence supports that the U.S. market is what form of market efficiency?
A) Weak-form efficient
B) Weak-form and Semi-strong form efficient
C) Weak-form and Semi-strong form and strong-form efficient

Question

Quizplus · Accepted Answer

The U.S. market is considered both weak-form and semi-strong form efficient. This means that all past trading information (weak-form) and all publicly available information (semi-strong form) are already reflected in stock prices, making it difficult to achieve consistently higher returns. However, it is not considered strong-form efficient, as not all information, including insider information, is reflected in stock prices.

Evidence Supports That the U