How Policy Changes By the Fed Could Affect the Stock-Bond Correlation
Noah Weisberger joins Yahoo Finance to discuss the effectiveness of policies imposed by the Fed and macroeconomic drivers behind U.S. stock-bond correlation.
What could lead to a shift in stock-bond correlation? PGIM’s Institutional Advisory & Solutions (IAS) team conducted extensive research to answer this question, and published their findings in recent research publication, US Stock-Bond Correlation: What are the Macroeconomic Drivers?
In an op-ed published by Chief Investment Officer Magazine, Noah Weisberger, Managing Director at PGIM IAS, discusses his research findings, and lays out three scenarios for how monetary and fiscal policy could prompt a shift in the current negative stock-bond correlation regime.