Rolf Wittke /iStock via Getty Images As the equity market makes new all-time highs and the implied risk for equities is hovering near record-highs as well, it is prudent for investors to reduce risk. There are different ways to achieve that - from portfolio rebalancing and focusing on more defensive areas of the market to better diversification and investing in high quality dividend stocks. When it comes to reducing risk, the basic materials sector rarely comes to mind as it is a highly cyclical area of the ...