Correlations between the ex-AI basket and the S&P 500 jumped to 40% from 10% last week, according to Jurrien Timmer, a convergence he says often appears when ma

Correlations between the ex-AI basket and the S&P 500 jumped to 40% from 10% last week, according to Jurrien Timmer, a convergence he says often appears when markets fall quickly. He also pointed to other signals of a potential market inflection.