correlation

Guggenheim Investments Chief Investment Officer Anne Walsh said the correlation is working because there are important drivers for both gold and the stock market.

Despite that, in the recent period, the short-term correlation seems to be somewhat positive as stocks and gold are up at the same time, she explained.

Equities have risen during more than half the previous shutdowns, and there’s little correlation to the length of the impasse.

The research found causation as opposed to correlation—a super-strong causation, much more strong than we expected.

The correlation, to many, seemed too obvious to ignore.