donderdag 24 maart 2016

Correlation: CNY Vs. S&P 500

A peculiar correlation has come up between the CNY and the S&P. Whenever China devalues its currency, it seems that the S&P will drop a few weeks later.



Here is a close up: The yuan is a leading indicator. So watch what the chinese are doing and you will know what the stock market will do.

Geen opmerkingen:

Een reactie plaatsen