I think correlation to the stock market is wildly exaggerated there are moments it definitely is but its way too short lived to call it a correlation.
Also think correlation breaks when macro things happen good example whould be looking at LTCM and how they blew up thinking correlation must continue
It has been heavily correlated for the past 3 years if that’s not long enough
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I whould say it isnt 3 years is relatively speaking very short especially since inflation went skyrocketing
Thanks for the discussion tho i see where uou are coming from
Either the correlation breaks now or this thing is fucked beyond belief