"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
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Scammers steal over £600 million from Brits - how to protect yourselfFraud cases in the first half of the year surged by 17% compared to the same period in 2024. Is your money at risk?
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Financial support for carers: what can you get?Unpaid carers miss out on an average £6,400 a year in annual salary by cutting work to support loved ones. We explore benefits that can plug the financial gap.
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What would the greatest mathematician of the Middle Ages say about gold today?Sponsored Italian mathematician Fibonacci is most famous for a curious sequence of numbers. Continuing his series on technical analysis, Dominic Frisby explains what these numbers are, and what they can tell us about gold’s next move.
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How moving averages can reveal trades worth betting on – and ones to avoidSponsored Dominic Frisby looks in more depth at how moving averages can help you catch turning points in markets and help you decide which trades are worth pursuing.
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This chart pattern could be extraordinarily bullish for goldCharts The mother of all patterns is developing in the gold charts, says Dominic Frisby. And if everything plays out well, gold could hit a price that investors could retire on.
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Believe it or not, this market is a “buy”Charts With the world in the state it’s in and the market so volatile, buying stocks right now might go against all your instincts. But that’s just what you should be doing, says Dominic Frisby. Here, he explains why.
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Chart of the week: Kuwait's stockmarket is ready for take-offCharts Kuwait's stockmarket is due to be promoted from “frontier” status to an emerging market by index provider MSCI next June. That should entice almost $10bn of global investors’ cash into the country.
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Chart of the week: US stocks outrun profitsCharts The US stockmarket has become totally detached from underlying profits of its constituent companies over the past three years.
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Chart of the week: Dr Copper diagnoses an ailing economyCharts The price of copper has slipped by a fifth this year and is now at a near-two-year low of around $5,600 a tonne.
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Chart of the week: America’s corporate debt bingeCharts US households have spent much of the past decade deleveraging. Companies haven’t as this chart shows.
