“The more that people invest overseas, the more common
ownership there is, the more there will be common responses to
events that move markets,” he said, referring to the 2006 summer
slump of global markets. “That is a fact of life and this correlation
is going to increase as globalization increases.”
It just takes a zero and a one to explain that correlations of
stock markets around the world are rising.
ownership there is, the more there will be common responses to
events that move markets,” he said, referring to the 2006 summer
slump of global markets. “That is a fact of life and this correlation
is going to increase as globalization increases.”
It just takes a zero and a one to explain that correlations of
stock markets around the world are rising.
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