Financials: Falling Back to Sectoral Norms?

One of the unremarked aspects of the period from 2000-2006 for the financials was how the sector’s share of the S&P 500 had grown well beyond historical norms. That trend is finally reversing itself, as the following chart from the always useful Bespoke shows.

Comments

  1. Not sure how anyone can define a ‘sectoral norm’ for financials since it’s been on an ever increasing trajectory for god knows how long. The term is meaningless.