Bank of America Merrill Lynch sector correlation analysis (2017) – no direct political or misconduct leads

Bank of America Merrill Lynch sector correlation analysis (2017) – no direct political or misconduct leads The passage is a technical market‑research chart showing intra‑sector stock correlations. It contains no names of political figures, government agencies, foreign leaders, or financial flows that could be investigated for wrongdoing. Consequently it offers no actionable lead for investigative journalism. Key insights: Provides 3‑month intra‑sector correlation percentiles for 19 SXXP sectors (e.g., personal goods 17%, utilities 24%).; Notes that overall intra‑sector correlation is near a 10‑year low as of June 2017.; Mentions implied‑realised correlation spread at a 5‑year high, driven by company‑specific divergence.