Question: Why would you expect most U.S. common stocks to have positive covariances? Give an example of two stocks that you would expect to have a

Why would you expect most U.S. common stocks to have positive covariances? Give an example of two stocks that you would expect to have a very high positive covariance. Give an example of two stocks that you would expect to have a very low positive (or even negative) covariance.

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The macroeconomic forces that impact the US economy tend to have a strong effect on the earnings and ... View full answer

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