Analysis: Out-of-sync U.S. stocks hide market risks
Written by Black Hot Fire Network on July 5, 2023
NEW YORK, July 5 (Reuters) - U.S. stocks' tendency to move in sync has plunged to near-record lows, but what might seem like a stock picker's dream may actually be a mirage, and investors may be in for a rude awakening.
S&P 500 correlation - a gauge of herd behavior, which measures how closely daily returns of index . . .
