Market Recap 18/02/18

US On Wednesday some important economic figures were released. The Core CPI Index and the CPI Index went up respectively by 0.3% and 0.5% (MoM) in January fueling up US inflation expectations; the movement was larger than forecasted and was offset by the data on Retail Sales which went down Read more…

Market Recap 05-03-2017

Market Recap 05-03-2017 United States Despite experiencing a downward correction towards the closing of the week, US equity indices reached new record levels. The Dow Jones Industrial Average reached a new record level by breaching the 21.000 mark. On Wednesday, it peaked at 21.115, to close the week at 21.005, Read more…

The new (old) high correlation

Empirical evidence suggests that correlation between asset classes tends to spike during a period of market crisis, because investors panic and sell indiscriminately. This phenomenon is usually short-lived and correlation returns to a normal level as the market stabilizes. During the 2008 financial crisis, this effect was amplified by a Read more…