Odd Market Correlations Lead To Kolanovic Market Concerns

Correlations are looking odd, the JPMorgan quantitative and derivatives researcher Marko Kolanovic observed in a February 16 strategy note to clients. The only known human to predict a flash crash says market correlations will return and in doing so might usher in volatility. On the populist contagion that has many in Europe concerned, Kolanovic says not to worry. In the long run it will work out. It is maintaining the status quo where real problems arise. Marko Kolanovic – Election shock resulted in volatility and then market price dislocations The US presidential election was a shock on many levels. From…