The turmoil around the globe currently haunting the markets has - TopicsExpress



          

The turmoil around the globe currently haunting the markets has raised another nasty specter: The days of widely correlated assets that make portfolio diversification a massive headache.Though not at financial crisis levels, the tendency of the asset classes to move up or down together has increased substantially during the equally seesawing market of 2014. Correlation among the 10 S&P 500 .SPX sectors is now at 85 percent, according to ConvergEx, after registering numbers around half that level in 2013.
Posted on: Sat, 15 Mar 2014 18:45:03 +0000

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