Studies show that the correlations between domestic stocks are greater than the correlations between domestic and foreign stocks Explain why this is likely to be the case What implications does this fact have for international investing ...

Domestic stocks are more highly correlated because the ...

Studies show that the correlations between domestic stocks are greater than the correlations between domestic and foreign

Question:

Studies show that the correlations between domestic are greater than the correlations between domestic and foreign Explain why this is likely to be the case. What implications does this fact have for international investing?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...