Market segmentation theory shows bond interest rates are set independently per maturity segment. The yield curve plots differences in yields across various bond maturities to assess economic ...
The Gamestop stock explosion has mostly been told as a story of small versus big investors. But, my take is that it was also a big win for behavioral finance by disproving the efficient market ...
Many core points of modern portfolio theory were captured in the 1950s and 1960s by the efficient market hypothesis put forth by Eugene Fama of the University of Chicago. According to Fama’s ...
Both capitalist and free market theory focus on the ownership of capital and the factors of production by private individuals rather than a government. Free market theory goes further. It ...