Monday, September 15, 2008

Blame it on Energy: S&P 500 Sector Performance

With the bankruptcy of Lehman and the turmoil at AIG, one would think that Financials would be the primary culprit behind today's early decline of 2.5% in the S&P 500. However, while the sector is playing a large role in today's decline (-3.6%), Energy stocks are actually the worst performers on the day with a decline of 4.3%.

Sector_performance_2

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.