Banks In Drag - The Russell 2000 Exposed
Submitted by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,
Submitted by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,
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.