Amid Sell-Off, Multi-Asset Investing Looks Smart Again

Dan Lefkovitz

Sometimes when markets come crashing down, there's nowhere to hide. Consider the synchronized fall of Morningstar's 46 equity market indexes on Feb. 5. The Morningstar Global Markets Index lost 3.6% in dollar terms that day. The Morningstar US Market Index was down 4%. Sadly, losses have not been limited to that one day.