“Brutal Price Action” Looms As Stocks & Bonds Correlation “Warning Sign” Flashes
by Tyler Durden
ZeroHedge.com
Sep 7, 2016
The correlation across asset-classes over the past few months – as global central banks ramp up QE to $200bn per month – is near record highs.
Massive central bank stimulus with below zero rates and quantitative easing has led to increasingly dysfunctional markets, with even the negative correlation between stocks and bonds breaking down. As we have noted previously, they are now largely moving in the same direction as markets have become more driven by central banks, leaving investors with no place to hide.
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