Global Allocation Under Efficient Markets

Global Allocation Under Efficient Markets

Those investors that believe that markets are highly efficient and that they won't generate alpha, should allocate as the “global stock market”. It would
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Khamenei Says Europe's Promises on Nuclear Deal `Empty': Tasnim

Iran should “end all hope” in Europe's ability to live up to its commitments under the 2015 nuclear deal, Iran's Supreme Leader Ayatollah Ali Khamenei
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OnePlus 7T Review: A Great Android Phone at an Even Better Price

Amid the flood of new phones arriving this fall, don't sleep on some of the less-hyped models. Chinese phonemaker OnePlus has been rising up the
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Regency Affiliates Announces Quarterly Dividend

A new $30MM mortgage loan was entered into in order to refinance existing indebtedness as well as to finance $17MM of capital improvements and
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Regions exec among 25 most powerful women in banking

Kate Danella, Regions Bank's head of strategic planning and consumer bank products and origination partnerships, has been named one of the “25
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Cheap Hotel Rooms in Texas Are a Bad Sign for Frackers

A finance source I speak with contacted me this week with the news they were paying $250 a night for their room at a decent hotel chain there.
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The Whistle-Blower Complaint Against Trump, Annotated

(See, for example, his comments to Fox News on 20 July: “And Ukraine. Take a look at Ukraine. How come the FBI didn't take this server? Podesta told
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GRAINS-Corn steady as harvest eyed; soybeans, wheat higher

“Buyers in Asia are waiting to see U.S. corn crop yields,” said a … but a run of international tenders nonetheless showed sustained demand in the face
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Brick-and-Mortar Bank or Online Bank: What's Better?

When was the last time you walked into your bank? Thanks to today's technology, banking on your phone or computer is easy. Even withdrawing cash
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Conagra CFO Says Puerto Rico Assistance Delays Trimmed Revenue

“There were delays on the assistance people were relying on,” Marberger said in an interview with Bloomberg News, referring specifically to $600
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Bank Of America: Still My Second Pick In The Banking Space

Were I to make bets on specific players relative to the overall banking space, I think Bank of America would be a good name to consider. Supporting
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After 35 years in banking people are ignoring me now I'm out

I put a lot of life into banking. I joined the industry soon after I graduated and I spent the next 35 years working non-stop for some of the top U.S. and
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Freddie Mac said to test artificial intelligence underwriting model

Freddie Mac's efforts to expand access to credit could include the use of a technology firm's artificial intelligence-driven consumer-risk model,
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US Home Buyers During Market Crash Have Made More Than $200 Billion in Equity

Whether savvy or lucky, U.S. home buyers who snapped up properties at the bottom of the last housing collapse have earned more than $200 billion
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Why SoftBank Will Continue to Win Deals Even in the Face of WeWork's Drama: Term Sheet

Email me at polina.marinova@fortune.com with the subject line “Softbank Money” and let me know your thoughts. (Note that your comments might be
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What's the Price of a Treasury Note? It Depends on Whom You Ask

Tradeweb Markets Inc., one of the biggest electronic marketplaces for buying and … (Bloomberg LP, the owner of Bloomberg News, is one of them.)
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US long-term mortgage rates fall; 30-year at 3.64%

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dropped to 3.64% from 3.73% last week. By contrast
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Are regulators too stringent with lending rules?

Official figures for June showed a significant rise in lending commitments, and data from mortgage brokers and banks indicate that the growth
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No Federal Government Shutdown—at Least for Awhile

The Senate passed a temporary government-wide funding bill on Thursday that staves off the risk of a government shutdown through Nov. 21.
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Court approves Ditech's sell-off of forward and reverse mortgage businesses

Ditech Holding is one giant step closer to selling off its forward and reverse mortgage businesses after a federal bankruptcy court judge approved the
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