The World Is Connected

I wrote an article titled, The Latest Approach to Constructing Investment Portfolios , in May 2007 for Canadian MoneySaver . In that article, I showed two key concepts. First, how incredibly connected the world’s equity markets are. The direction of global markets plays a vital role in determining the course of the TSX or the S&P 500. World equity markets do not move in a vacuum. The second idea was performance. Professional money managers aim to match, or (hopefully)...