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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 is falling. We have seen a resumption of the selling. We are seeing wti trade near a sixyear low. Oil,e very least for crude even though it has been bouncing around, obviously the losing streak it has been on as the glutton continues in the oil market. Betty it does, and there is a glut in the
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