Briefly reviews previous research on the value of investment advisors’ recommendations and presents a study comparing portfolio returns from analysts’ recommendations in the Wall Street Journal’s “Dartboard” contest 1990‐1996, four randomly selected shares and the Dow Jones...

Economists since 2008 have been unable to answer a fundamental question related to economic growth policies in the United States. The question is: Why have the aggressive post Global Financial Crisis monetary policies not been able to stimulate even average historical economic growth?This...

The Efficient Market Hypothesis (EMH) assumes each security's price remains at continuous parity with its investment value. Accordingly, EMH denies that analytical trading rules using price or fundamental data result in strategies capable of outperforming market averages on a risk-adjusted basis...