Courtesy of ZeroHedge. View original post here.
WTI crude oil prices are now down almost 55% from the June highs, the impossible just happened… WTI Crude broke into the $40s… the 6-month plunge is the largest since the pre-Lehman plunge and 2nd biggest plunge in 28 years.
WTI back under $50…
Ugly…
Unequivocally not good…
Energy stocks have ropundtripped to pre-Fed levels…
This is exactly what Jeff Gundlach feared.
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