Either Banks Are Cheap... Or The Market's Gonna Crash
![Either Banks Are Cheap... Or The Market's Gonna Crash Either Banks Are Cheap... Or The Market's Gonna Crash](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/33bec4111bb0af18a5c9e79801d1c896-600x312.jpg?itok=kEckS-Ru)
Large cap financials have had an awful time in the last month and are 11.7% lower so far in 2016.
As ConvergEx's Nick Colas details, that’s worse than pretty much anything else, including all other S&P 500 sectors, the Russell 2000 small cap index, and even the MSCI Emerging Markets Index.