Monday, February 27, 2012

Strange day in the markets

Something is amiss in the markets. Both safety and risk are catching a bid today, and the markets seem rather confused (and well, if they're not than I certainly am). Generally the USD and Treasuries are inversely correlated to equities, but not today. Today they are all up in tandem. I'm not sure what the significance of this is, and whether its a harbinger of a shift in market relationships. But watch to see how those three close (USD, Treasuries, Equities), and if this relationship holds going forward, I might just need to reevaluate my entire view of the markets.

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