New York Times, Citigroup, Goldman Sachs, and Oil

Here are some random comparisons that show just how crazy things are out there right now.  Just a couple of months ago, who would have thought that Goldman Sachs (GS) and Oil would be trading right inline with each other -- at $50?  Or how about the New York Times (NYT) and Citigroup (C) -- at $5?  Unfortunately, it's looking like a race to the "zero" finish line for the latter two.

 

 

Comments

[Tom Chechatka]

The pressing need to raise capital simply has made for one massive correlated trade. This current round probably is near over...

[Jack C]

What's the story here? NYT has a market cap of 800 million dollars, Citigroup has a market cap of 20 billion dollars. Comparing nominal stock prices is completely irrelevant.

[dj]

If oil drops below 45,TARA SANDS go "neg a tory" watch out Canada!!!