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comment by ThurberMingus
ThurberMingus  ·  3059 days ago  ·  link  ·    ·  parent  ·  post: Global Markets Plagued by ‘Permanent State of Contagion’

Yeah... more data could give some perspective on whether that is interesting or just fluff & noise.

What I want to see is the second example (high yield bond vs S&P500) for as many 7 year periods as there is data, 1900-1907, 1901-1908, ... 2008-2015, 2009-2016. What is the range of correlations? What is the shape of the distribution? Is 2000-2007 particularly interesting or an outlier?

On the whole I think the article just fluff. Like the comment on the Fed watching global markets after the UK referendum. Of course they will say something like that.