Expert answer:Evaluate the evidence for and against the Efficiency Market Hypothesis. Take on the role of an expert in this area and create a Power Point Presentation to be given to a group of investors. Formulate and provide conclusions and recommendations for guiding these investors considering this market efficiency debate. Include in your presentation the role that can be played by financial stakeholders in effecting the efficiency of the market. The required length of the PowerPoint Presentation option for this assignment is 12-15 slides (with a separate reference slide). Your presentation MUST include notes that contain 100-150 words per slide (this is your script). Be sure to include citations for quotations and paraphrases with references in APA format and style. Save the file as a PPT file with the correct course code information in the name.
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Thomas J. Powell
Northcentral University
PowellTBUS7013-2
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Efficent Market Theory
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Weak Form
Semi-Strong Form
The Strong Form
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Technical Analyses vs Fundamental Analysis
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Evidence for and against EMH
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Role of expert – provide conclussions and recommendations
considering market efficiencey debate
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What roles do financial stakeholders play in effecting the efficiency of
the market
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Ang, A., Goetzmann, W. & Schefer, S. (2011). Review of the Efficient Market Theory and Evidence: Implications for Active Investment Management. Evolution of Active
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De Grauwe, P. & Macchiarelli, C. (2015). Animal Spirits and Credit Cycles. Journal of Economic Dynamics & Control (59) 95-117.
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Fama, E., Fisher, L., Jensen, M. & Roll, R. (1969). The Adjustment of Stock Prices to New Information. International Economic Review (10:1).
Gauthier-Villars, D. & Leubsdorf, B. (2017). Nobel Prize in Economics Awarded to American Richard Thaler. Wall Street Journal.
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Lakonishok, J., Shleifer, A. & Vishny, R. (1992). The Structure and Performance of the Money Management Industry. Brookings Papers: Microeconomics.
North, D. (2012). Risk Analysis, Vol. 32, No. 7.
Padilla, A. (2009). Review of Richard H. Thaler and Cass R. Sunstein: Nudge: Improving decisions about health, wealth, and happiness. Rev Austrian Econ (22) 425-429.
Pasquale, F. (2015). Law’s Acceleration of Finance: Redefining the Problem of High-Frequency Trading. Cardozo Law Review. Vol. 36:2085.
Powell, T. (2009). Standing In The Rain: Understanding, Surviving and Thriving in the Worst Financial Strom Since the Great Depression.
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Business Review.
Yadav, Y. (2015). How Algorithmic Trading Undermines Efficiency in Capital Markets. Vanderbilt Law Review Vol. 68:6:1607.
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