“All our risk analysts are trying to peel the onion to understand if this is all correlated or if there’s something we can find that isn’t correlated,” Carsten Stendevad, the chief executive officer of ATP, said in an interview in Copenhagen. “The truth is, yes, we can find pockets of things that are slightly less correlated. But the question is when this kind of moving-in-tandem will be very painful, when things move in the other direction.”
Well done Central Banks…