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Recent crises, such as the Credit Crisis of 2008 and the Asian Financial Crisis of 1997 tell us that in a crisis, correlation between US

Recent crises, such as the Credit Crisis of 2008 and the Asian Financial Crisis of 1997 tell us that in a crisis, correlation between US and international equity prices tends to

  • Increase

  • Decrease

  • No impact

  • Become more random

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