The results suggest that there are long-run equilibrium relationships among the stock market prices. Subsample and subgroup analyses also indicate that the cointegration relationships have become ...

He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's strategy will have no effect if all others' plans remain unchanged.

James Chen, CMT is an expert trader, investment adviser, and global market strategist ... rarely in equilibrium at a given moment. Rather, equilibrium should be thought of as a long-term average ...