Contagion and the Illusion of Diversification
A 126-day rolling correlation study of SPY versus GLD, VNQ, and AGG shows how contagion has turned traditional hedges into simple equity beta since 2020.
Posts for: #Diversification
Why Asset Diversification Works: An Illustration and Simulation
Modern Portfolio Theory, simulation evidence, and decades of market history show how diversification protects compounding and lifts risk-adjusted returns.