The Correlation Between Oil and the Markets Has Turned Negative Amid the Tech Selloff – Analyst

A key shift is occurring in the relationship between oil markets (CL1:COM), (CO1:COM) and U.S. real yields, according to Stephane Deo, senior portfolio manager at Eleva Capital. Until mid-September, the two were positively correlated, but since then, the correlation has tu

A key shift is occurring in the relationship between oil markets (CL1:COM), (CO1:COM) and U.S. real yields, according to Stephane Deo, senior portfolio manager at Eleva Capital.

Until mid-September, the two were positively correlated, but since then, the correlation has turned negative

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