Financial Stocks Are Getting Crushed

Check out this chart of the S&P 500 Financial Sector divided by the S&P 500:

Here’s the same chart but YTD:

Financial stocks lagged during the bull, the bear and the new bull. What does it mean? My hunch is that the market is beginning to realize that rates may have to go negative and stay that way for some time.

Posted by on May 13th, 2020 at 11:29 am


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