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***Top stories from the last 15 days
- Recorded by HardAssetsInvestor |
- August 17, 2010
Stocks And Oil: Opposites Attract?
- Details
If the economy's getting better, why is the correlation between stocks and oil on the rise?
A new report finds that the correlation between stocks and oil is now around 70 percent – a startling find, given commodities' reputation for low correlation returns. But will the tighter correlations last? Associate Editor Lara Crigger explains what's behind the recent rise.
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Links
Oil Gets a New Dance Partner: Stocks
The Real Action In Oil
Product Demand Slackens With Inventory Builds
What's Really Driving The Price Of Oil?
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