SP 500 Sectors

• Interesting divergence between financials and all other sectors. It would be reasonable to infer that without the paradigm shift in the revenue model in investment banking going forward, this contraction would likely be much less severe. This illustrates the peril of an economy based on consumer spending fueled by credit created by collateralized debt obligations and Federal Reserve money printing. As Bruce Willis says in "Pulp Fiction", "Zed's dead baby; Zed's dead...."