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Used to correlations among asset classes seemingly near 1 for the past few years, do market...

Used to correlations among asset classes seemingly near 1 for the past few years, do market watchers need to get ready for a new regime? The S&P 500 and the price of copper have begun to widely diverge, with their correlation over the past 30 days recently hitting zero!
Comments (1)
  • Drew Robertson
    , contributor
    Comments (314) | Send Message
     
    Meh. I don't see a big drop in correlations. Copper is following other metals pretty tightly. http://bit.ly/QoXI71 But you decide.
    20 Sep 2012, 12:08 PM Reply Like
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