The Halloween Effect and the Premature Burial of Efficient Markets
Truth on the Market,
Every October, financial journalism performs a small act of necromancy. Out comes the “Halloween effect,” the finding that…
Every October, financial journalism performs a small act of necromancy. Out comes the “Halloween effect,” the finding that…
There is an old story -- an apocryphal tale of the undead reanimated -- a legend passed down from stock broker to stock broker.