Edited by Dave Kimble to focus on oil.
http://www.zerohedge.com/news/2014-11-13/oilpocalypse-now-sends-small-caps-worst-day-3-weeks
Oilpocalypse Now Sends Small Caps To Worst Day In 3 Weeks
Tyler Durden
11/13/2014
11/13/2014
WTI Crude plunged another 3.75% to as low as $74.06 today – the lowest since Sept 2010 and dropping at the fastest rate of collapse since Lehman.
And Lowest seasonal gas price since 2010…
Don’t forget – the collapse in oil prices is due to over-supply and NOT (repeat not) due to a collapse in global demand (which of course are merely 2 sides of the same coin.
It appears Airlines decided that once Bullard had spoken low oil prices can only mean good things for the global economic wealth of travelers… +45% in 3 weeks?
Damn the Matrix 