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Chart of the Day
Wednesday, December 5, 2012 Wednesday, December 5, 2012 |
For some perspective into the all-important banking sector, this chart presents the current trend of the KBW Bank Index. As the chart illustrates, banking stocks peaked back in early 2007, but the impact of an already weakening real estate market began to take its toll and banking stocks began to trend lower thereafter.
This is an excerpt from Chart of the Day as it appeared on December 5, 2012. For updates or to read the current version of this post in its entirety, please click here.
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