13.10.2011 - Commodities track broad market more closely
Commodities are moving more in lock-step with one another and with the stock market, prompting some advisers to look elsewhere for diversifiers. The correlation between commodities and stocks more broadly has been slowly creeping up over the last five to 10 years, but more so in the last three, said K. Geert Rouwenhorst, a professor of finance and deputy director at the Yale School of Management's International Center for Finance..............................................Full Article: Source
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