Nowhere To Hide In Europe – Equity Correlations Are Historically High

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Nowhere To Hide In Europe – Equity Correlations Are Historically High

Nowhere To Hide In Europe – Equity Correlations Are Historically High by Eric Bush, CFA – Gavekal Capital Blog

Equity correlations have spiked to the highest level in years presumably thanks to Brexit. The 20-day correlation between the GKCI DM index and the MSCI World Index is at the highest level since 2011. The correlation between EM and DM stocks is at its highest level since 2010. And the 20-day correlation between UK, French, and German stocks and the MSCI World Index is at the highest level we have ever seen going back to 2001, surpasing levels experienced during the European debt crisis. The same is true for the entire region as a whole actually. Lastly, the 65-day correlation for UK stocks and the MSCI World Index is also at the highest level on record going back to 2001.

ValueWalk’s December 2021 Hedge Fund Newsletter: Hedge Funds Avoid Distressed China Debt

InvestWelcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring hedge funds avoiding distressed china debt, growth in crypto fund launches, and the adapting venture capital industry. Q3 2021 hedge fund letters, Read More

Europe - Equity Correlations

Europe - Equity Correlations

Europe - Equity Correlations

Europe - Equity Correlations

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