Today we are taking a look at the most important stock sector in the world: Financials. If Financials are leading the stock market higher, it’s hard to be bearish equities as an asset class. The first thing we want to do is start from the top with Financials relative to the rest of the market as well as from a long-term perspective. Then we’ll take a look at some breadth internals and the sub-sectors that fall within the larger spectrum of Financials, like Regional Banks and Insurance. Once we get structural perspective on Financials as a group, then we’ll work our way down to the individual stock level. That’s the top/down approach that we incorporate into every sector in the market and country around the world.