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March 18, 2008
Financial Crises and the Bear Bottom
One of the hallmarks of the bottom of financial crises is that something major breaks in the market. Usually that takes the form of a major firm, but it can be others. The following chart from BCA makes the point nicely, and it puts it in the context of financials as a percentage of total market capitalization.
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yeah - thanks a lot - your commentary, posts & twitters have been invaluable over the past week! I really mean that!
very cool. thx. you must have elves working