Stock market sector correlation is low… Business Insider

by Jim Colburn • Tuesday, December 5, 2017

Here is Business Insider:

β€œIt shows that intra-sector correlation β€” or the degree to which industries in the benchmark S&P 500 index trade independently of one another β€” sits close to the lowest on record. Weaker only during the tech bubble era, the measure suggests that trading has been heavily polarized on a sector basis.”

The chart is from CreditSuisse….

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