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.



  1. very cool. thx. you must have elves working

  2. yeah – thanks a lot – your commentary, posts & twitters have been invaluable over the past week! I really mean that!