NEW DATA INSIGHT (@ 2021-07-24 04:00:26)
How about a bit more data on correlations, our favorite topic... Some of the (3 month rolling) correlations that have declined the most since a month ago were between Global High Yield - Inv Grade Credit (0.20 today vs. 0.79 a month ago), S&P500 - Inv Grade Credit (-0.05 today vs. 0.49 a month ago), Inv Grade Credit - EM Equity (-0.07 today vs. 0.46 a month ago) and Inv Grade Credit - Australian dollar (0.03 today vs. 0.54 a month ago). Meanwhile, increasing correlations were seen between Japanese yen - FARM (0.13 today vs. -0.20 a month ago), Ripple - Filecoin (0.76 today vs. 0.43 a month ago), Inv Grade Credit - FARM (0.21 today vs. -0.10 a month ago) and S&P500 - Crude oil (0.22 today vs. -0.08). -Albert Ingles
