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 ...

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 ...

In our last article entitled, "Intrinsic Value is Subjective," we presented decisive empirical evidence that directly falsified the Efficient Market Hypothesis (EMH). We showed that even under ...

Arbitrage is a fundamental concept in finance, playing a crucial role in determining prices for assets like currencies, ...

The Efficient Market Hypothesis stated across all markets simultaneously is false, but there is a lot of nuance, and there are numerous nuanced violations worth knowing about. Whether the EMH is true ...

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 ...

Increasing inefficiency doesn't mean that it's easier to beat the market, says Cliff Asness. The stock market will be lucky just to keep up with inflation over the next decade. Just take a look at the ...

US Vice President J.D. Vance recently claimed that free markets are a tool, rather than the purpose of American politics. But efficient markets are more than a means to an end, because they advance ...

At the heart of Central Asia, Uzbekistan is emerging as a hub of innovation and entrepreneurial activity. In 2024, the Republic's GDP grew by 6.5%, reaching $115 billion, while the population ...

Even though transport costs have decreased in recent decades, the global economy is still not fully integrated. Developing countries face higher transport prices and longer shipping times than ...