Fed/EZB Setup: Soft Fed, Cautious ECB The Fed cut –25 bps and hinted at additional reductions in 2025. The ECB is on a “cautious pause.” Global funds are buying U.S. assets while hedging USD...
Introduction 1. Efficient Market Hypothesis vs. Reality According to the classic Efficient Market Hypothesis (EMH), prices instantly incorporate all available information, making it difficult to consistently outperform the market based on that information alone.This...