Oil Is Getting Clubbed

Joe Weisenthal

Just a quick heads up that in addition to equity markets today, oil is getting clubbed.

From FinViz:

Screen Shot 2013 10 07 at 5.20.37 AMFinViz

This speaks to the growing meme that “default” aside, the nearly week-old ructions happening in Washington DC are taking a toll on the US economy, and therefore the global economy as well.

And oil (and also copper today) are reflecting that.

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