BLOOMBERG Bloomberg Markets December 17, 2015
All three major averages taking a hit a day after the fed raised rates as investors say ok, now what happens, after they waited for that Interest Rate increase for so very long. The focus has been shifting back to commodities, which has been the tale wagging the commodity dog. Take a look at my terminal. You will see this illustrated more in detail. A broadbased selloff. Utilities are doing well. Rates are coming back down. Otherwise, steep selling of financials, tax, consumer discretionarys, industrials all lower. It is still materials taking the biggest piece on a percentage basis. Crude oil...