Worst Performing Sectors Since the Fed's Rate Cut

Includes: ITB, KBE, PJB, RWR, VNQ, XHB
by: Bespoke Investment Group

When the Fed cut the Fed Funds rate on September 17th, investors applauded the move as it would likely help to ease the pressures surrounding the consumer discretionary and financial sectors as a result of the weak housing market.

However, one month later, a look at the worst performing groups in the S&P 500 shows that the Fed's move has not exactly benefited the ones it intended to help the most.