22 Oct 2025 | 3 Mins Read

Trader notes unusual asset class linkages

Flipitmoney

The S&P 500 has rallied 15% this year, reaching several record highs, despite concerns over a trade war and government shutdown. Volatility remains low and retail buying is strong, with equities, gold, and artificial intelligence spending hitting record highs, puzzling traders and throwing out historical correlations between sectors.