Email Story

Cash Best as Record Correlation Hints Herd Collapse (Update3)

The Big Picture found this 6/29/2009 on bloomberg.com

June 29 (Bloomberg) -- Investors are moving in lockstep like never before, driving up stocks, commodities and emerging markets and risking a replay of last year, when they all plunged the most since World War II. The Standard & Poor’s 500 Index, whose increase in the past three months was the ...