[1]As a job-safe Big Bird might have said "one of these things is not like the other" as we look at the performance difference between financials and industrials in the new normal. While short-term newsflow keeps banks to'ing-and-fro'ing, the inevitable truth is that it appears it is different this time - and not in a good way.
We have had crises before...
[5]
but this one 'looks' different...
[6]
Source: Goldman Sachs
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/126
[3] http://www.zerohedge.com/taxonomy_vtn/term/197
[4] http://www.zerohedge.com/taxonomy_vtn/term/11402
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20121005_diff2.png
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20121005_diff1.png