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Oil Collapses and Copper Crashes 8% in Day – Great Recession Cometh?

 Oil Collapses and Copper Crashes 8% in Day – Great Recession Cometh?

Oil prices fell another 1 per cent this morning  and continue their collapse – down 57% in just over 6 months. Copper crashed 8% on the London Metal Exchange, plunging to 5 and a half year lows.

Doctor Copper -  Usually a good indicator for economic trends and markets via Marketwatch

Oil fell to fresh six-year lows and has fallen almost 60 per cent since June 30, 2014 to levels last seen in early 2009 after the 2008 crash (see chart). (more…)

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