Paddle! Paddle faster! Photographer: Naphat Photography/Getty Images

Trade of the Day: Visit the Maldives as Glaciers Melt

Mark Gilbert is a Bloomberg Gadfly columnist covering asset management. He previously was a Bloomberg View columnist, and prior to that the London bureau chief for Bloomberg News. He is the author of “Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable.”
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Part of west Antarctica is melting so rapidly that the National Aeronautics and Space Administration says it has passed the point of no return, Bloomberg News reports. There's enough water in the glaciers in the Amundsen Sea region to raise global sea levels by as much as four feet (1.2 meters). The United Nations reckons the seas have already risen by 19 centimeters since the Industrial Revolution.

So the Trade of the Day is to take that Maldives vacation you've been promising yourself -- before it's too late.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Mark Gilbert at

To contact the editor on this story:
James Greiff at