Dec 20, 2007

Diversification in stocks

This diminished benefit of diversification in stocks abroad is
another consequence of the globalization of the world’s
economies and the around-the-world fight against inflation. The
growth of companies with a global reach has also contributed to
this synchronization of markets, as has the speed of communication,
which allows more and more people to know what is going
on every second in markets around the world.

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