liangfeng

AMA Wrote:
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> janakisri,
>
> Thank you for your response !
> Your explanations are resonable. However, it is
> not stated in text that there is relevance of
> volatility in short-term and long-term.
>
> My understanding is that even markets become more
> volatile during turbulence, in fact, the TRUE
> correlation has not changed.
>
> Any further comment ?

That's just one side of the argument. There are studies that justify the opposite. There is no real clear answer.

NO EXCUSES