Thursday, June 8, 2006

A SUPER quick look at international covariances

Shorter than short version: International return correlations may NOT be increasing as much as we thought!This has to be short as I have meetings all afternoon. In fact it was in preparing for the meeting (essentially pension planning for a local religious community), that I stumbled upon the following. I do not have time to give it a complete "review" but it flies in the face of conventional

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