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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very cool. thx. you must have elves working
yeah – thanks a lot – your commentary, posts & twitters have been invaluable over the past week! I really mean that!