Few world stock markets escaped the Italian mood on Wednesday, then they all rose in unison...

|By:, SA News Editor

Few world stock markets escaped the Italian mood on Wednesday, then they all rose in unison toward the end of the week - though correlation is actually less strong now than a few years ago. That doesn't mean that markets will stop moving in lockstep, and one way to protect against contagion: utilities that aren't as vulnerable to dollar, inflation or interest risks.