Stock Market Strategies: Are You an Active or Passive Investor?

If you ever ask an economist which stocks to buy, chances are you won’t get a specific answer. Instead, you might hear about the “efficiencies” of markets. In fact, there’s an old economics joke about market efficiency: Two economists walk down a sidewalk—one is older and wiser and the other is younger and less experienced.
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Fed in Print: An index of the economic research conducted by the Fed.