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home / news releases / FJP - Death Of An Inter-Market Correlation


FJP - Death Of An Inter-Market Correlation

  • For a long time, Japanese stocks have been little more than a mirror image of the yen - they would rise when the yen lost ground and fall when it strengthened.
  • However, this pattern has changed rather noticeably of late.
  • It actually doesn't really matter what the justification for the change in behavior is - what matters is that it holds an important lesson: one should not blindly rely on inter-market correlations. They are not immutable.

For further details see:

Death Of An Inter-Market Correlation
Stock Information

Company Name: First Trust Japan AlphaDEX Fund
Stock Symbol: FJP
Market: NASDAQ

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