Most evidence indicates that U.S.stock markets are _______________________.
A) reasonably weak form and semi-strong form efficient
B) strong form efficient
C) reasonably weak form but not semi- or strong form efficient
D) neither weak form, semi- or strong form efficient

Question

Quizplus · Accepted Answer

The statement "reasonably weak form and semi-strong form efficient" means that the stock markets reflect all historical price and volume data, as well as all publicly available information, but do not reflect any insider or illegal information. This is the most widely accepted view among financial economists regarding the efficiency of U.S. stock markets.

Most Evidence Indicates That U.S.stock Markets Are _______________________