Cross- and Intra-Asset Correlations are Plummeting…

Volatility is skyrocketing. VIX…soar, like Eagle. The 30 year bull market in fixed income is coming to an abrupt end. Trade wars on a global scale are looming. Currencies and hard assets are getting thrashed. The 10 year bull market in equities has already baked in a massive tax cut and is running out of steam. Recession on the horizon. Prospects are bleak. Correlations are down.

It’s becoming a stock picker’s market…

Daddy’s gotta go to work.

In other news…God!:

Great bumper sticker. Wonderful. It NEVER gets old.

This post is brought to you by:

Even if your Kumho has a lot of mileage, you’ll still feel comfortable letting your family ride that rubber.

One thought on “Cross- and Intra-Asset Correlations are Plummeting…

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  1. Some great moments in this one — the initial rant in this one reminded me of the speech by Richard Grant as Darwin Mayflower in Hudson Hawk!

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