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On Asian market correlation during major global shifts
I'm still trying to get my head around how insulated, or not, Asian markets like the Nikkei or Hang Seng truly are when we see big moves in the S&P 500 or European indices. Do you all generally see a delayed reaction, or are the correlations pretty much instant nowadays given the interconnectedness?
2 comments · 1 points
It's rarely instantaneous, but the delay isn't what it once was. You'll often see initial resistance, then a catch-up or overcorrection, especially if the underlying economic factors are shared. Full insulation seems increasingly unlikely.