IYG has had a breath-taking 10-month rally from November 2012 to the peak earlier this month. The same could be said for the three largest holdings, as illustrated in the one-year chart below. WFC data by YCharts
A fading of hope in the pro-growth, pro-business trajectory of the economy that so many had laid out going into 2017?
Savings and other benefits would be "significantly more" than the $30 billion estimates some have floated, Sprint CEO Marcelo Claure said.
The struggling automaker is not the only giant company in need of an experienced technology leader at the top.
The investment bank has benefited from Gorman's streamlining initiative, which included cutting 25% of the fixed-income trading unit's staff in 2016.