Meric, Ilhan; Lentz, Christine; Smeltz, Wayne; Meric, Gulser - In: The International Journal of Business and Finance Research 4 (2010) 4, pp. 89-101
During the October 9, 2007-March 9, 2009 period, the U.S. stock market experienced the worst bear market in its history since the Great Depression. Empirical studies show that exchange-traded country index funds can provide portfolio diversification benefits to investors in bull markets....
