The contrasts among the work of the three men who won this year's Nobel Prize in economics highlights the murky, unresolved nature of our knowledge about how markets function. Nevertheless, the prize committee seems to have recognized that even conflicting theories can both be right, if only at points in time.
While experts agree that there are many lessons to be learned from the history of finance, sussing those lessons out and applying them to current events is no simple matter.
In a broad-based study examining two decades worth of returns, a trio of academics find that fund managers who employ technical analysis delivered higher returns than those who did not — results that could help to change the way technical analysis is thought of in the asset management world.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.