20. Go the IPS.Buy Process tab of the Week 3 Data Only Trade Report, then compare the SP500's return of 10.3% to the median return for each sector. Which of the following statements is most likely FASLE: a) Consumer discretionary companies like cruise ships outperformed last week b) Communication services companies outperformed last week c) Industrial companies like airlines outperformed last week d) Utility companies outperformed last week e) Healthcare companies underperformed last week 21. Keeping up with the news is a key part of monitoring any investment portfolio. Since we started Stock Trak, capital markets (stocks, bonds, commodities, currencies) have experienced extraordinarily high volatility. Which of the following is contributing to the high market volatility: a) OPEC's continued pledge to ramp up oil production in April b) The increasing number of active cases of COVID-19 in the US c) Uncertainty over the magnitude and effectiveness of fiscal stimulus d) Uncertainty over the magnitude and effectiveness of monetary stimulus e) All of the above 22. Which of the following statements is most likely FALSE: a) There is a negative correlation between oil prices and the USD b) There is a negative correlation between oil prices and emerging market equities c) There is a positive correlation between US unconventional oil production and the USD d) There is a positive correlation between US unconventional oil production and the Houston real estate market e) As data frequency increases, the correlation between assets usually increases; thus, using long term correlations between assets classes in your models can be dangerous during periods of market distress