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View Full Version : Correlation Bets Climbing to Record as Europe Overwhelms Earnings: Options - Bloomber



NewsWhore
09-15-2011, 10:00 PM
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Correlation Bets Climbing to Record as Europe Overwhelms Earnings: Options (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNETFOpIKejTbpQO3JYn0NzZIOWM7A&url=http://www.bloomberg.com/news/2011-09-16/correlation-bets-climbing-to-record-as-europe-overwhelms-earnings-options.html)
Bloomberg
Pershing Square Capital Management LP&#39;s William Ackman, known for investing in companies he believes are undervalued, said this week that he bought options on Hong Kong&#39;s currency, betting the government will let it appreciate against the US dollar. ...

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