The role of bonds as a “shock-absorber” and safe haven has “eroded as the fear of inflation becomes a common denominator for both stock and bond investors.” This according to…
Tag: correlation
For Most, No Time Is a Good Time for Stock-Picking
While stock correlations have been declining, several researchers say that doesn’t make the current environment any better for stick pickers — whose odds of success remain exceptionally low. “One factor…
The Stock-Pickers Market Returns ...
After years of stocks appearing to move in lock-step, could we finally be returning to a “stock-pickers market”? The Wall Street Journal’s Steven Russolillo says the data indicates that may…
More Evidence that Correlations Haven't Really Changed
Recently we highlighted an article from Mark Hulbert that detailed why talk of a new era of higher correlations among stocks is misguided. Now, The Wall Street Journal’s Jason Zweig…
Hulbert: "New Era" of Higher Correlations a Fallacy
At various points over the last few years, market analysts and pundits have echoed the popular belief that the world of the stock market has fundamentally changed, causing stocks to…
"Correlations" Often A Myth, Fisher Says
Correlation is something that is often cited by market analysts — when X happens, it causes Y to happen in the stock market. But in his latest piece for Forbes,…
How to Avoid "Closet Indexers"
While most mutual fund investors turn to funds that they hope will beat the broader market, a new study shows that a big portion of mutual fund managers are “closet…