In a previous post I have examined the correlation between crude oil price and S&P 500; now let’s take a look at the relation between spot gold price and S&P 500 and whether the changes in the stock market trend…
There are many analysts who consider crude oil price as a good indictor for changes in the stock market trend such as the S&P500. There are three reasons to question this paradigm: Low correlation: if you consider the monthly percent…