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Correlation | July 19, 2017

Posted on July 19, 2017

Near-term and long-term correlations are converging, but are still below historical averages. As a result, we think there are many potential options for positive performance through the selection of risk-diversifying assets and individual names. In short, we still see this as a stock picker’s market. The correlation figure measures how each asset return moves in […]

Correlation | June 28, 2017

Posted on June 28, 2017

During the last week, bond correlations in shorter maturities increased as global bonds reacted to policy changes in interest rates. Many pundits predict only one more rate hike this year from the Federal Reserve so markets may experience a similar effect later this year. The correlation figure measures how each asset return moves in relationship […]