The following chart shows how the ten sectors of the S&P 500 performed this week in the context of the government's credit market intervention. Only energy (on oil's price recovery) and financials (on bailout) made progress while eveything else was down.
It was a crazy week in stocks too. Merrill Lynch (MER) was the best performer on news that it was being acquired by Bank of America (BAC) and AIG was the worst performing stock on news that it would receive a two-year $85-billon loan from taxpayers.
Charts: Bespoke Investment Group
