U.S. stock market is falling

Without a doubt, this shift toward greater risk will be difficult
for many investors, leading to some sleepless nights for many of
us. And there are some sound reasons to worry.
It has become harder to offset higher risk in your domestic
portfolio by diversifying into foreign markets. Once upon a time,
those markets tended to move at their own pace, in their own di
rections, acting as a counterbalance to the pace and direction of
the market at home. But as we will point out, too many foreign
stock markets abroad now are moving in line with Wall Street,
going up and down at the same time. It is especially disturbing
that this so-called correlation between stock markets in the
United States and stock markets abroad, while pronounced when
markets are climbing, is even stronger when the U.S. stock market

is falling