Two months ago, when the first tremors in the crude market appeared, we wondered, jokingly, if one of the biggest crude bulls, Phibro's (and formerly Citi's uber-well paid trader) Andy Hall was puking blood yet. "Any crude BWICs from Andy Hall yet?" But while we may have been joking, for Andy Hall things were only all too real. So real, in fact, he just lost his job according to Bloomberg.
OIL TRADER ANDREW HALL SAID TO LEAVE PHIBRO BY YR-END: SOURCES
So is Hall's unwind the source of what some say is a relentless, rolling liquidation within the commodity space?