Bank Profits Still Suspect.
Posted on July 19, 2011 at 09:31 AM EDT
Tuesday, July 19, 2011. 9:25 a.m. Several months ago I predicted the financial sector was not going to be able to provide market leadership unless it was to be leading the market down. And the S&P Broker-Dealer Index is down 22% since its February peak, the S&P Bank Sector Index down 19% since February. [...]