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Chart Of The Day

CHART OF THE DAY: IS THE FINANCIAL BUBBLE RE-EMERGING?

At the height of the credit bubble financial stocks represented 22% of the S&P 500.  After shrinking to just 9% in early March the financial sector has skyrocketed back to a 15% share of the S&P 500.  All of this money printing and reflationary government intervention is helping fuel the beast that caused this entire crisis.  The banks are back and that’s not necessarily a good thing:

COD

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