The Number 1 Reason Why Trump Is Good For Stocks

Want create site? Find Free WordPress Themes and plugins. / Via ConvergEx’s Nicholas Colas / Feb 12, 2017 6:15 PM

 The US equity market is very different than before Election Day 2016, and that’s not just because we are at fresh all-time highs.  There were plenty of new highs from 2013-2016, after all.  What’s different is the lack of sector and asset class correlation now versus 2009 – 2016.

Simply put, they are finally back to normal.  The drop in correlations among the 11 sectors of the SP 500 has been profound, from 75-80% pre-Election to 57-62% afterwards.  This month’s reading of 57% points to the lasting nature of the change; this is a not blip.


Read more ... source: The Bitcoin Channel

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