Why the Stock Market Might Be Broken

In the 1960s, economists popularized a theory called the “efficient market hypothesis” that became a foundational belief behind modern investing. But now, according to a new economic theory, some believe that the EMH might be fundamentally flawed. The Inelastic Markets Hypothesis: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3686935 Subscribe to Morning Brew Sign up for free today: https://www.morningbrew.com/daily/subscribe?utm_campaign=mb_yt&utm_medium=multimedia&utm_source=youtube Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew TikTok - https://www.tiktok.com/@morningbrew