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Uncorrelated probably means to the stock market. The US market was up about 30% in 2019, but I doubt the value of any particular Taylor Swift song increased by
by MR4D 7y ago
Uncorrelated probably means to the stock market. The US market was up about 30% in 2019, but I doubt the value of any particular Taylor Swift song increased by that much.
I’m sure there is some correlation to general GDP growth, and you would actually want that. It’s the specific stock market correlation that you tend to not want.