Is “Rational Market” an Oxymoron?

Is “Rational Market” an Oxymoron?

There is ongoing debate about whether a rational market exists… or not. The efficient market hypothesis suggests it’s impossible to outperform the stock market because current share prices reflect all relevant information. In other words, stocks should always...
Remembering the Dot.Com Bubble

Remembering the Dot.Com Bubble

Remember the dot-com bubble? If so, you’ll appreciate this week’s notable event: The NASDAQ Composite Index, which includes a fair number of technology stocks, transcended its previous high (set in March 2000). Share values in the tech sector gained 4 percent last...