Financial sector stocks (XLF ETF) are showing significant weakness relative to the S&P 500, trading below January highs while the S&P made new highs in 2024, a pattern similar to 2007 before the financial crisis, signaling underlying stress in the banking and financial system
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Speaker
Michael OliverEvidence Quote
“XLF is trading below its January highs... the same sort of weakness in financials on a spread basis, relative performance occurred back in 2007”
Source
Worst Bear Market Of Our Lifetime To Start In 2026? | Michael Oliver— Adam Taggart | Thoughtful Money®Created: 8/11/2026, 7:20:42 AM
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