Regardless of Fed, correlation between Bonds and stocks has been, historically and technically, at least from a cyclic periodical point of view, negative. Average -0.80%.Green boxes are showing the following. Only question remains what is the effect of the fed on the correlation, besides DXY
etc... from a long term, medium and short term point of view. I read on TradingView TLT
is positively correlated to SPY
. That is not true, maybe TYX
(bond yields) is positively correlated to SPY
. Even Gold
is more correlated to SPY
......The only way you could be right is to take a chart from 2000 to 2013, but i never did a 10 year long trade yet and i think i never will.