It's official! Crude #oil is now in a bear market and it took just over one month to get there. pic.twitter.com/cR37lJTcUP
— jeroen blokland (@jsblokland) November 8, 2018
Besides today, there were 5 times in the history of WTI futures that oil prices declined 9 days straight. Four of those continued with substantial bear markets in oil! pic.twitter.com/zAF4l4iQ7u
— Otavio (Tavi) Costa (@TaviCosta) November 8, 2018
OIL is falling down like a rock… the stock crash is close
— The Insider Trader (@AlessioUrban) November 8, 2018
Please hug someone in the shipping industry — Capesize rates COLLAPSED — these vessels usually carry coal, ore and other commodity raw materials. Signals to us that global economy good be in for a slowdown in 2019. pic.twitter.com/sl1pJooauN
— Alastair Williamson (@StockBoardAsset) November 8, 2018
— M/I_Investments (@MI_Investments) November 8, 2018
In just 272 words, the Fed just told us all systems are a go to get to neutral. Soft capex and lower TIPS breakevens be damned. 3% funds (or higher), here we come! Stay liquid.
— David Rosenberg (@EconguyRosie) November 8, 2018