What is meant by the asset market or portfolio balance approach? In what ways does it differ

Question:

What is meant by the asset market or balance approach? In what ways does it differ from the monetary approach?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...