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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Morgan Stanley strategist Andrew Sheets made the case for bond investors in a Friday research report (my emphasis),
“Focus on stock-bond correlation misses a main way fixed income diversifies: Stock-bond correlation has been rising. While this dynamic raises fears that bonds won’t diversify, we think this overlooks how most portfolios experience fixed income diversification. A large part of the benefit to a 60:40 portfolio comes from bonds’ lower volatility and ‘not 1’ correlation, two elements that remain very much in place … Instead of whether fixed income can diversify, we think that the more practical q
They re really trying to not let the market collapse before the month-end… Lets see how the market holds up when the 10 year yield pops next week – Investment Watch
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Family tracking missing man through cell phone & credit card, last known to be in Center
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