"There Is Moar Blood" WTI Crude Plunges Into The $40s

WTI crude oil prices are now down almost 55% from the June highs, the impossible just happened... WTI Crude broke into the $40s... the 6-month plunge is the largest since the pre-Lehman plunge and 2nd biggest plunge in 28 years.

 

WTI back under $50...

 

Ugly...

 

Unequivocally not good...

 

 

Energy stocks have ropundtripped to pre-Fed levels...

 

This is exactly what Jeff Gundlach feared.