Below I plot the 2-yr RoC in the ratio of SPX Consumer Staples vs. the SPX itself dating back to the 1920s. The current –29% is essentially the second-worst print in history, tied with the 1929-1930 period preceding and in…...
Enter your email address to subscribe to OPM and receive notifications of new posts by email.
Copyright © 2019 Only Prices Matter
Powered by WordPress and Origin