Cross-correlation is a measurement that tracks the movements over time of two variables relative to each other.

When it comes to constructing an investment portfolio, “negative correlation” is something of a holy grail. Diversification, investors are told, is about combining assets that behave differently. You ...

When I wake up and open my smartphone, the first thing I check is the previous day's New York market. If the S&P 500 is down, ...

The "safety device" in your portfolio may not function at the very moment you need it most.In fact, during the 2008 financial ...

Diversification sounds simple: avoid concentrating too much capital in a single market and spread positions across different commodities. That is a useful starting point, but commodity spread ...

Diversification is unquestionably a good idea for investors. But what about international diversification? We take a look at the recent evidence. While international diversification may work well in ...

Correlation between stocks and bonds remains elevated, creating challenges for multi-asset investors. At the start of 2023, we had one important high-conviction asset allocation view: As inflation ...

Since early 2022, U.S. equities have experienced negative monthly returns in 17 separate months. Bonds declined in all but three of them. This pattern has led many investors and advisors to question ...

In today's volatile markets, achieving true portfolio diversification means looking beyond traditional asset classes. While indices such as the Bloomberg Commodity Index (BCOM) or the S&P GSCI Index ...

If we’re looking only at recent decades, the answer seems to be a definitive no. Even setting aside performance, the diversification benefit of international stocks seems to be fading for US investors ...

Stocks and bonds had an historically bad September. The good news is that there are alternatives if you want to reduce portfolio risk.