Fear = correlation
QOTD
See?
...
...
And I may be smarter than the average bear, but I don't "get" how W and the wacky US real estate market and banking and stock market, etc crashed the UK: Is the U.K. 'Finished'?
And "we" crashed everybody else on the planet for that matter, so it seems.
Why has globalization led to such close coupling... or is globalization the answer to that question?
Like I said, you got me, man.
I gotta go workout this afternoon.
yikes... yow, bill
"In a crisis, only the correlations go up"The US markets are down 4% today... fear = correlation.
- investing truism
See?
US Sectors (click on this for full-size version)
...Other countries
...Commodities (only gold is positive)
And I may be smarter than the average bear, but I don't "get" how W and the wacky US real estate market and banking and stock market, etc crashed the UK: Is the U.K. 'Finished'?
And "we" crashed everybody else on the planet for that matter, so it seems.
Why has globalization led to such close coupling... or is globalization the answer to that question?
Like I said, you got me, man.
I gotta go workout this afternoon.
yikes... yow, bill
posted by williamt on Tuesday, January 20, 2009
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