Your friend Judy has gone to work for the CDC. Every day you call her at 3:30
Fantastic news! We've Found the answer you've been seeking!
Question:
Your friend Judy has gone to work for the CDC. Every day you call her at 3:30 PM and get an early forecast of what the new coronavirus numbers (which are released at 7) are expected to be. If you can make abnormal trading returns based on the information that Judy gives you, does this violate market efficiency?
Yes, this violates weak efficiency.
Yes, this violates semi-strong efficiency.
Yes, this violates strong efficiency.
No, this does not violate market efficiency.
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078110917
9th edition
Authors: Ronald W. Hilton
Posted Date: