This market signal called the tech selloff. Now it’s sending another warning.

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Correlations between individual stocks recently fell to a record low. Given this environment, the market selloff on November 5 was highly likely, reflecting a return to the mean. The move accelerated a sector rotation that had been unfolding slowly and largely unnoticed. When correlations are low, a broader market rally no longer lifts all stocks equally, breaking with the usual rising-tide pattern.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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