Chart of the week: avocados and bitcoin are in sync

"Correlation is not causation" is a dictum well worth bearing in mind when it comes to finance: just because two variables appear to be linked it does not mean that one causes the other.

They have nothing to do with each other beyond "superficial price action". In fact, they are heading in different directions. The avocado market is coalescing around the Hass variety; cryptocurrencies are splitting into "ever-proliferating" new coin types.

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Anthony Hilton, Evening Standard

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.