Reading the Markets with Perspective The past six months have been marked by financial markets that appear resilient on the surface, yet remain underpinned by structural dynamics that deserve close attention. While equity indices have generally been well oriented—sometimes even advancing—the broader economic environment remains more contrasted when one looks more closely at bond markets and monetary policy developments. In equity markets, performance has been partly concentra

Eugene Fama is renowned for his efficient market hypothesis (EMH), which argues that stock prices reflect all available information,...