Markets Swing in Tandem as Brexit Amps Up Correlations: Chart
(Bloomberg) -- It's back to the drawing board for investors who were just getting used to markets moving independently. The U.K.'s surprise vote to quit the European Union rekindled lockstep moves between U.S. stocks and assets like oil, the U.S. dollar, Japanese yen and bonds -- a reversal from the prior three months when correlations started to ease.
To contact the reporter on this story: Oliver Renick in New York at orenick2@bloomberg.net. To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Inyoung Hwang, John Shipman
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
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France's Economy & Politics Are In Crisis | The Reason Why
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
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Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
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When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
