by Jeffrey Miller, Partner, Eight Bridges Capital Management
February 20th, 2016
‘Cause we’re young and we’re reckless
We’ll take this way too far
It’ll leave you breathless
Or with a nasty scar
- Blank Space by Taylor Swift
Markets have been turbulent to start 2016. The S&P 500 is down a bit more than 6% year to date, and about 10% from its high back in July. But that masks the real pain that is occurring in the market. Financials, which are a leading indicator of market declines historically, were down over 21% from their December high to their recent low, before bouncing nearly 7% in the past week. But they are still...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
