LIBOR Highest In 10 years, Crude Oil Enters Bear Market, Earnings Momentum Has Deteriorated

WTI Crude Enters Bear Market – Plunges To 7-Month Lows

WTI Crude futures are down 20% from their early October highs, with the front-month contract back to a $61 handle at its lowest level since April.

As more details emerged of US sanctions exemptions and the US-China trade war stoked concerns over slowing global growth that underpins energy consumption, WTI has plummeted…