Correlation Ruled 2011 But It Wont for Ever
Is it time to prepare for the great correlation breakdown?
The nervous, whipsaw markets of 2011 have, of course, seen links within and across asset market rises, in many cases to record levels. The 60-day rolling correlation between EUR/USD and the S&P 500 index, for example, hit 0.85 on December...
FF News: Fundamental