The efficient market hypothesis may also be less accurate during periods of rising asset prices, asset bubbles, and crashes in financial markets. Proponents of the efficient market hypothesis tend ...

Exchange traded funds (ETFs) have improved the efficiency of stock markets in the developed world, new research suggests.

However, Lamont argued that the growth of ETFs “has been inextricably linked with the growth of modern financial markets in general. Divining which of the gains in market efficiency can be ...

As a result, the financial landscape is proving less dynamic ... It’s far from a purely academic debate. A less efficient market risks misallocating capital across Corporate America, while ...

This improved market efficiency means that any consistent, predictable price anomaly is quickly exploited, mitigating the potential for significant returns. Behavioral Finance and the January ...