Seeking Alpha
Registered investment advisor, macro, ETF investing
Profile| Send Message|
( followers)  

Six months ago, the correlation between the S&P 500 and the US Dollar was at its most-inverse level since late 2009. Today, that inverse correlation has been completely erased and the two assets are now more correlated than they have been in more than a decade!

(click to enlarge)

Source: Dollar Vs. Stock Correlation Hits Multi-Year Extreme