Anyone else finding correlation shifts tricky in APAC lately?
I've been trying to get a handle on the interplay between $NIKKEI and $HSI, and more broadly, how they're reacting to moves in the S&P. It feels like the traditional correlations I learned about are either less pronounced or flipping faster than I can track. For instance, you'd expect a strong lead or lag, but lately, it's almost disjointed. Am I overthinking this, or have others noticed a similar breakdown in how these Asian indices typically move in relation to each other and Western markets?
Totally agree. It feels like the old playbooks are less reliable, especially with the speed of information these days. Have you tried looking at how different sectors within those indices are correlating instead of just the broad index? Sometimes that can reveal some hidden shifts.