Mainstream economics and finance theories hold that markets immediately adjust to new information. While market prices do ...

I began this article with the goal of addressing an academic notion, the efficient-market hypothesis, or EMH. My research dissuaded me. In one University of Chicago article, a faculty member questions ...

Forbes contributors publish independent expert analyses and insights. Carrie McCabe reports on asset management, strategy, and investing. In his September 2024 paper, The Less-Efficient Market ...

Fama is captain of Team Efficient Markets and Thaler is captain of Team Behavioral Finance. Each represents conflicting academic market philosophies that have been warring for years. Market efficiency ...

As AUM in passive equity products surpassed the AUM in actively managed equity products in Q4 2023, some market observers raised concerns that this could impact the efficiencies of the equity markets ...

Weak form market efficiency is a concept that suggests past stock prices and trading volumes do not predict future stock prices. In a weak form efficient market, all historical information is already ...

The financial markets have undergone a significant transformation in recent years, driven by advancements in technology and functional developments in trading protocols. Innovations in liquidity and ...

Discover how market anomalies challenge efficient market theory by exhibiting unusual stock patterns. Learn about recurring phenomena and potential impact on investments.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. When people talk about market efficiency, ...

A market maker is a firm or individual that helps facilitate the buying and selling of securities by providing liquidity. They do this by being ready to buy and sell at publicly quoted prices, which ...

The companies will start testing the Google Cloud Universal Ledger with capital market participants in 2026. US derivatives exchange operator CME Group is piloting solutions for tokenized assets using ...

Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor ...