So a question here- we all know by now the various correlations between rates/bonds/currency ($)/equities
That being said, 1, 2, 4, and 5 all show the correlation we expect to see between rates and currency. was the distortion and divergence in number 3 on this chart an indicator that something was fundamentally wrong in the underlying economy? Or an early signal of the rates cycle end?
That being said, 1, 2, 4, and 5 all show the correlation we expect to see between rates and currency. was the distortion and divergence in number 3 on this chart an indicator that something was fundamentally wrong in the underlying economy? Or an early signal of the rates cycle end?