Stockpickr! Your Source for Stock Ideas Minor Metals Minor metals is a widely-used term in the metal industry that generally refers to primary metals not traded on the London Metal Exchange (LME), CME, SHFE or any major futures markets. Minor metals are vital to the global economy, more so than most would believe. Read Fastmarkets Minor Metals resources to find out more. Sample Minor Metals news LME MORNING - Base metals steady in quiet trading, copper holds above $6,600/t London 17/04/2014 - Base metals other than tin were higher in Thursday’s LME premarket session... 17-04-2014 KRetourne More FARO speakers roar off to strong start at Ferrari museum 08-04-2014 KRetourne More 04-04-2014 Eddie vanderWalt More 21-03-2014 MHayes More Facebook Tweet
Inherently Unstable « Systematic Relative Strength No, this is not a post on personality disorders. Rather, it is a post on the inherently unstable nature of correlations between securities and between asset classes. This is important because the success of many of the approaches to portfolio management make the erroneous assumption that correlations are fairly stable over time. I was reminded just how false this belief is while reading The Leuthold Group ‘s April Green Book in which they highlighted the rolling 10-year correlations in monthly percentage changes between the S&P 500 and the 10-year bond yield. Does this look stable to you? (Click to Enlarge) If you are trying to use this data, would you conclude that higher bond yields are good for the stock market or bad? This becomes a big problem for strategic asset allocation models that use historical data to calculate an average correlation between securities or asset classes over time. Many of the quants are smart enough to recognize that unstable correlations are a major problem.
Asia Business - ABN Newswire InvestorsHub - NYSE, NASDAQ, AMEX, OTCBB, Pink Sheet Stock Message Boards, Stock Charts, Stock Quotes, Level II and Market News Value Line - The Most Trusted Name in Investment Research TheBullionDesk Profit From Asset Correlations