BLOOMBERG Countdown August 2, 2016
Anna very warm welcome to countdown. That are have markets moving, Central Banks taking action. It will be an actionpacked day. We will kick it off with oil because it dropped below 40. Were definitely back in a bear market. Highest levels in nearly two decades. The hedge funds have pushed their short by the biggest amount since 2006. This is the s p 500, this is the price of oil. The two big emergences divergences. The last major time we saw this was back at the end of 2014. And medially after those divergences, we saw the stock market dropped by over 3 . You have to look through the downside...
Source: archive.org