Efficient market hypothesis

Why might the efficient market hypothesis be less likely to hold when fundamentals suggest stocks should be at a lower level? o Requirements: Please clearly define the efficient market hypothesis within your response. Please also explain and support your argument using the text and at least one journal article. 400 words

“Because diversification is a desirable strategy for avoiding risk, it never makes sense for a bank to specialize in making specific types of loans.” Is this statement true, false, or uncertain? o Requirements: Explain your answer. Please also explain and support your argument using the text and at least one journal article. 400 words