Updated Correlations

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  • Bonds up, Stocks up
  • Bonds down, Stocks up
  • Volume down, Stocks up
  • Dollar down, Stocks up
  • Dollar up, Stocks up.
  • Record Consumer deleveraging, Stocks up.
  • Failed Polish Bond Auction, Stocks up.
  • 19 multiple of the S&P (mean is 15), Stocks up.
  • Official Unemployment 16+% (as measured by U-6), Stocks up.
  • Record bad (insert random economic indicator) report, Stocks up.
  • Diverging Tick, 5 banks Stocks up.
I'm forgetting several more, but they all end with 'Stocks up'. No bitterness, just humorous. Which one of you will be without a chair when the music stops? I guarantee you it will not be an UltraSparc.