Chart of the day: Rolling 3-Month Correlation Between Oil & S&P500
Over the past few years the correlation between oil (especialy WTI Crude Oil) and the S&P500 has been remarkably consistent with an average of about 0.75 (scale from -1 to 1). However, over the…
Paul Allen Slams Bill Gates in Memoir
According to a new memoir by Microsoft co-founder Paul Allen, Bill Gates schemed to take shares in Microsoft following his partner’s treatment for cancer. WSJ’s Kevin Delaney and Julia Angwin discuss…