MACRO THEMES AND INTER-MARKET ANALYTICAL TOOLS



Clive Corcoran, author of Long/Short Market Dynamics: Trading Strategies for Today's Markets, will focus on the increasing importance of inter-market technical and quantitative analytical tools. Rather than taking specific securities and considering their valuations and expected returns in isolation, the analytical tools outlined are more concerned with the inter-connection of items across different asset classes and geographical regions. This is very much in accordance with contemporary markets, where questions about the appropriate valuation (say) the US equity market is as much affected by developments in the sovereign debt market and FX, as it is by domestic and local indicators regarding GDP growth, employment data, and the prevailing state of the US Treasury market. The approach advocated will be one of using an holistic approach to market analysis by examining correlations and inter-relationships within many different asset classes.