Thursday 2 July 2009

Dancing with Wolves? No, Dancing with Oil!

The correlations between oil and other asset classes have picked up a lot (either positive or negative) recently, which may provide excellent trading opportunities...

The correlation between oil and equity is high currently:





The correlation between oil and bond is significantly negative...




The correlation with FX (US dollar):





The correlation between oil and real estate:




The correlation between oil and hedge fund performance: