correlations

Below is a synopsis of this investment report:

• The daily price action in the U.S. stock market has been taken hostage by oil prices over the past several months.
• The relationship between oil and the S&P 500 is so strong that they appear to be moving in lockstep each day.
• Oil does not drive our economy, and its relationship to the stock market will not last. However, it’s best to avoid the temptation to trade through this dislocation.

 

For full access to the investment report titled “An Undeniable Relationship”, please contact us.