S&P Dow Jones Indices Market Attributes: Correlation & Dispersion Index Dashboard

Download this month's Correlation & Dispersion Index Dashboard.

Highlights include:

• Correlations are remarkably low within each of the major indices shown.  Dispersion continues to register levels near the recent, record lows. Volatility measures - both real and implied - hit multi-year lows in the U.S. and across Europe.
• The Bank of International Settlements (BIS) issued a report yesterday warning markets are giddy and euphoric - that we are in the calm before the storm.
• Storm or no, it is certainly very, very calm.