By Sunny Oh

Correlations are like bread and butter for financial speculators looking for an edge over their peers.

Some focus on how crude-oil prices and shares of energy companies travel together, while others study the opposing relationship between equity values and bond prices. Leo Chen, portfolio manager at Cumberland Advisors, says investors might also want to watch margin debt, though he cautions that the predictive power of the relationship between borrowed money and the stock market isn’t crystal clear.

Read the full article here: http://www.marketwatch.com/story/what-margin-debt-canand-canttell-you-about-stocks-and-bonds-2017-09-13


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Leo Chen, Ph.D.
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