- Based on 63-day rolling correlation window analysis conducted by Warren Pies, founder of 3Fourteen Research, equity-bond correlation levels have spiked to levels rarely seen in the last two decades.
- During the last 6 to 7 months, and particularly in 2021 to date, commodity prices have rebounded significantly, with both supply constraints and reopening demand creating this perfect mix of upward pressure on commodity prices.
- The market dynamics look to be shifting such that bonds could be losing some of their historical dominance as the preferred portfolio diversifier.
For further details see:
Portfolio Diversifiers To Consider