The Economic Picture and Market Outlook PoorSatisfactoryGoodVery GoodExcellent Be the first. (0 ratings) Log in to rate this article. CFA Institute Conference Proceedings Quarterly Source: CFA InstituteJames A. Bianco Read Abstract As central banks expand their balance sheets and governments intervene in the markets at an unprecedented level, interest rates and bond yields will remain low and stock markets will continue to rise despite a weak outlook for earnings. But picking individual winners will be difficult because of the current aggregate behavior of the stock market. View more information Topics Alternative Investments : Investment Companies | Economics : The Monetary System | Equity Investments : Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities | Fixed Income : Fixed Income Markets - Characteristics, Institutions, and Benchmarks · Macroeconomic Effects on Fixed-Income Yields · Term Structure Determination and Yield Spreads | Portfolio Management : Equity Portfolio Management Strategies · Fixed-Income Portfolio Management Strategies | Quantitative Methods : Correlation Analysis and Regression Credits · About the CE Program 0.5 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits People who viewed this page also viewed: Correlation, Return Gaps, and the Benefits of Diversification This paper suggests that correlation is not the best indicator for diversification in that the benefits of diversification depend on not ... More Loading ...