Asset Allocation, Capital Markets Forecasts, and Equity: Miscellaneous Choose the FALSE statement. Asset Allocation slides: There is a declining home bias which has helped to diversify investments, but this is somewhat offset by the fact that correlation between stock markets has been rising for decades Capital Markets Forecasts slides: Over every 15 year period since 4/1933, the S&P 500 has had positive returns Asset Allocation and Equity slides: ETFs and index funds have been losing market share of assets under management due to their high fees Capital Markets Forecasts and Equity slides: If the P/E rises, then returns are higher (all else equal)