Purchasing Managers' Index and Trend: Difference between pages
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imported>Doug Williamson (Add 2nd & 3rd definitions. Source: CIPS webpage https://www.cips.org/en-gb/who-we-are/news/uk-manufacturing-pmi-remains-stuck-at-six-and-a-half-year-low-in-july/) |
imported>Doug Williamson (Expand for bubbles, crashes and rational expectations.) |
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( | Market conditions under which there is believed to be a greater probability that a subsequent price movement will be in the same direction as the previous period's price movement (rather than in the opposite direction). | ||
Extended trends lead to bubbles and crashes. | |||
== See also == | == See also == | ||
* [[ | * [[Adaptive expectations]] | ||
* [[ | * [[Bubble]] | ||
* [[ | * [[Correction]] | ||
* [[Crash]] | |||
[[ | * [[Efficient market hypothsis]] | ||
[[ | * [[Mean reversion]] | ||
* [[Overshooting]] | |||
* [[Random walk]] | |||
* [[Rational expectations]] | |||
* [[Trend analysis]] | |||
Revision as of 09:09, 2 May 2018
Market conditions under which there is believed to be a greater probability that a subsequent price movement will be in the same direction as the previous period's price movement (rather than in the opposite direction).
Extended trends lead to bubbles and crashes.
