Investing can be complicated with many moving parts, but modern portfolio theory (MPT) is a valuable tool to piece them together efficiently. If you've ever wondered how to construct a well-balanced ...

In our June Housing Market Indicators briefing, we introduced the concept of Modern Finance Theory (MFT), which we summarize as follows: The government, in an effort to make housing and higher ...

Investing can often feel like navigating a maze of endless options and ever-shifting market conditions. This is where the Modern Portfolio Theory (MPT) comes in, offering a roadmap for making smarter ...

While there have been a number of pieces of late taking shots at what is called Modern Monetary Theory (MMT), I have yet to read one that has been on target. It appears that there is a great deal of ...

Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...

N. Gregory Mankiw’s critique of Modern Monetary Theory (MMT) in “A Skeptic’s Guide to Modern Monetary Theory” is flawed (“Notable & Quotable: MMT,” Jan. 15). MMT observes that a government with its ...

The term “modern monetary theory” has been talked about so much lately that we mainstream economists need to try to understand it. We’re having trouble, though I’m beginning to suspect that it may be ...

One of the strongest pillars of modern finance and modern portfolio theory is the belief that "return is directly correlated to risk." The argument is that, in order to get higher investment returns, ...

The objective of modern portfolio theory is to identify asset combinations that deliver the best possible return for a specific level of risk, or the lowest risk for a targeted return. You achieve ...

More than 40 years ago, Tom Wolfe gently skewered the multidecade ascendancy of art theory in The Painted Word, a book triggered by the following statement in a 1974 New York Times review of an ...