Oct 15/14 – Crude oil’s plunge (not that it matters anymore)

Sorry for the late post, the stock market dip this morning delayed my writing. Today’s article is about crude oil. In the context of today’s equity rout, this is going to seem pretty tame, but I think the lessons learned from the recent oil mini-crash are instructive about the nature of today’s macro picture. I thought you guys might need something to t…