January 11, 2018
January 10, 2018
January 9, 2018
- Income Report Card
January 8, 2018
January 5, 2018
- All Posts by Nathan J. Rowader
Correlations continue to decline in most asset classes except for currencies. Generally speaking, lower correlations indicate weakness of any major macro themes. However, the strength in currencies is indicative of the ongoing weakness of the U.S. Dollar relative other currencies.
The correlation figure measures how each asset return moves in relationship to the broader basket of asset returns listed on the X axis. When correlations are high or rising, it may indicate that economic movements and sentiment are driving the majority of returns, which could potentially make security selection challenging.