Bloomberg Surveillance · Wednesday, August 12, 2026
An analyst noted that a gauge of correlations for the S&P 500 is at its lowest in 30 years, suggesting a market environment with more distinct winners and losers. This divergence is expected to continue.
“We're in this stage where there is going to be much more winners than losers.”
“We have a gauge of correlations for the S and P and that's the lowest we've seen in thirty years, so I think that's likely to continue.”