Pro stock pickers cannot beat simple math — war in the Middle East is proving it
Active stock pickers almost always lose against the broad market. They can’t beat simple math.
Similar Posts
JPMorgan’s AI beat the 60-40 in tests; advisors aren’t worried
Although JPMorgan recently showed that AI can outperform a 60-40 portfolio, investors are still likely to turn to human advisors during economic turmoil. Processing Content JPMorgan turned heads last week with a report suggesting that AI investing agents could beat the returns of a standard 60-40 portfolio, which allocates 60% of an investor’s assets to…
Lumin Digital gets $70 million from bank, credit union users
Lumin Digital, a digital banking tech provider to credit unions and small-to-mid-tier banks, announced on Wednesday that it has received $70 million in new investment from its own bank and credit union clients. Processing Content This follows a recent $45 million growth equity fundraise for Lumin led by Light Street Capital, which joined Lumin as…
More than 96% of investors expect Burnham tax hikes – Mortgage Finance Gazette
More than 96% of investors expect Andy Burnham to raise taxes over the next year, a new poll has found. The latest survey by Wealth Club carried out this month reveals that almost 53% of investors believe taxes will definitely rise and more than 43% say they will probably increase over the next 12 months…
Smallest standalone bank in America fails
Key insight: Kentland Federal Savings and Loan Association failed Friday and was acquired by a local bank in an FDIC-assisted transaction. Supporting data: The thrift held $3.73 million in assets and $3.65 million in deposits as of March 31. The FDIC estimates the failure will cost the Deposit Insurance Fund about $1.2 million. Forward look:…
Santander latest lender to hike mortgage rates
Santander has announced increased mortgage rates across its new business and product transfer range, along with the addition of 10-year and new-build options. As of 22 July, Santander will increase mortgage pricing by as much as 0.3%, with higher loan to value (LTV) deals facing larger rises. For example, first-time buyers selecting a two-year fix…
Russia Hits Ammunition Warehouse in Kyiv; Zelenskiy Blames Negligence
Editorial & Advertiser disclosure Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press…
