Discover what makes markets informationally efficient, explore Eugene Fama's efficient market hypothesis, and understand the key criticisms of this concept.

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 ...

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 ...

Data reflects single-family home market conditions as of the Jan. 3, 2026 weekly snapshot, based on HousingWire proprietary data. Housing markets are often evaluated by size: total sales, total dollar ...

Researchers at Kyushu University provide new evidence that strong environmental, social, and governance (ESG) practices enhance both corporate intrinsic value and overall market efficiency. Their ...

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 ...

As the world's largest cryptocurrency exchanges crack down on brokerage firms that have bundled together clients to take advantage of lower trading fees, some market participants are warning the move ...

The Efficient Market Hypothesis [EMH] began its intellectual life in the mid-1960s with bold positive claims: 1. The market price reflects all available information. 2. The market price represents the ...

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 ...

Understand what it means to make a market, where dealers are ready to buy or sell securities at quoted bid and ask prices, promoting liquidity and efficiency.