Tag Archives: correlations

Stock correlations at all time high

I’m sure it won’t surprise many value investors that stock correlations are at an all time high. It’s not like value investors need even more challenges thrown in their face. There were two posts late last week that showed data on this rise in correlations. Lets take a look. First, Birinyi Associates had the following chart posted on their blog. The chart shows that the last time correlations were this was during the 1987 stock market crash and the trend is definitely up. Next, there was a post by Felix Salmon of Bloomberg on the same topic. The chart from … Continue reading

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