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Home > WTI Crude Collapses To $30 Handle, Stocks Plunge As Rate-Hike Odds Tumble

WTI Crude Collapses To $30 Handle, Stocks Plunge As Rate-Hike Odds Tumble

By Tyler Durden
Created 01/11/2016 - 13:25
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Submitted by Tyler Durden [1] on 01/11/2016 13:25 -0500



 

With rate hike odds for March plunging from over 55% a week ago to just 38% now, it appears faith in The Fed has utterly failed. WTI traded down to $30.97 - the lowest ssince Dec 2003.

 

Fed #Fail...

[4]

 

WTI punched lower to a $30 handle for the first time since December 2003..

 

and that has dragged stocks back into the red...

[5]

 

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Source URL: http://www.zerohedge.com/news/2016-01-11/wti-crude-collapses-30-handle-stocks-plunge-rate-hike-odds-tumble

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