by Greg Guenthner
We’re going to hear a lot of whining when the clock strikes midnight on Dec. 31st.
“It’s been another terrible year for anyone looking to beat the stock market,” Bloomberg declared this week.
Terrible, you say? Surely it can’t be that bad…
The difference between various asset classes’ returns are now at levels not seen in almost 20 years, according to Bloomberg. Correlations are up—while volatility is down.