Trouble in paradise: Maldives crisis locks China & India in tug-of-war

The Maldives is a tiny paradise nation, with a population of 400,000 and 10 times more sea than land. It’s also a focus in the rivalry between China and India, whose total populations comprise a third of all people in the world. The Maldives has been divided by a political crisis, with each of the […]

One chart highlights the tug-of-war raging over control of the stock market

Reuters / Michael Buholzer S&P 500 intra-sector correlation is close to the lowest on record, showing that industries within the index have been trading independently of one another. The offsetting nature of S&P 500 sector moves has been particularly pronounced in the past week as traders rotate out of tech and into financials and telecom. […]