Bank Index [BKX]: Sound and Fury Signifying Nothing

Jun.24.08 | About: SPDR S&P (KBE)

With its closing price of 60.87, the KBW Bank Index has now erased 100% of the gains it had off of its October 2002 low.  Even worse, the index now sits less than 2 points above its low from October 1998.  Talk about a lost decade.

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