I have a young Gwen tree which started showing this brownish-red branch rot, then turning black, working its way down from the top of the plant on one of the main "trunks". I've cut below it twice and it continues its trek. This usually stops on its own but it went past a small scaffold branch and kept on going. I just cut barely below it and sprayed the tree with two systemics I use on grapevines, both known as wide spectrum - Pristine and 3336WP. I suspect anthracnose. Too much plant food has been frying some young leaf tips and margins. Could it be that? Just flushed it with rainwater.
Thanks,
Mark