{"id":890,"date":"2015-12-12T01:11:37","date_gmt":"2015-12-11T23:11:37","guid":{"rendered":"http:\/\/bestinsurance.gr\/a1\/?p=890"},"modified":"2015-12-12T01:11:37","modified_gmt":"2015-12-11T23:11:37","slug":"stocks-slammed-to-worst-week-since-black-monday-amid-crude-credit-carnage","status":"publish","type":"post","link":"https:\/\/bestinsurance.gr\/a1\/archives\/890","title":{"rendered":"Stocks Slammed To Worst Week Since Black Monday Amid Crude &#038; Credit Carnage"},"content":{"rendered":"<div data-animation=\"no-animation\" data-icons-animation=\"no-animation\" data-overlay=\"\" data-change-size=\"\" data-button-size=\"0.7\" style=\"font-size:0.7em!important;display:none;\" class=\"supsystic-social-sharing supsystic-social-sharing-package-flat supsystic-social-sharing-content supsystic-social-sharing-content-align-left\" data-text=\"\"><a data-networks=\"[]\" class=\"social-sharing-button sharer-flat sharer-flat-1 counter-arrowed facebook\" target=\"_blank\" title=\"Facebook\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fbestinsurance.gr%2Fa1%2Farchives%2F890\" data-main-href=\"http:\/\/www.facebook.com\/sharer.php?u={url}\" data-nid=\"1\" data-name=\"\" data-pid=\"1\" data-post-id=\"890\" data-url=\"https:\/\/bestinsurance.gr\/a1\/wp-admin\/admin-ajax.php\" rel=\"nofollow\" data-mailto=\"\"><i class=\"fa-ssbs fa-ssbs-fw fa-ssbs-facebook\"><\/i><div class=\"counter-wrap arrowed\"><span class=\"counter\">0<\/span><\/div><\/a><a data-networks=\"[]\" class=\"social-sharing-button sharer-flat sharer-flat-1 counter-arrowed twitter\" target=\"_blank\" title=\"Twitter\" href=\"https:\/\/twitter.com\/share?url=https%3A%2F%2Fbestinsurance.gr%2Fa1%2Farchives%2F890&text=Stocks+Slammed+To+Worst+Week+Since+Black+Monday+Amid+Crude+%26%23038%3B+Credit+Carnage\" data-main-href=\"https:\/\/twitter.com\/share?url={url}&text={title}\" data-nid=\"2\" data-name=\"\" data-pid=\"1\" data-post-id=\"890\" data-url=\"https:\/\/bestinsurance.gr\/a1\/wp-admin\/admin-ajax.php\" rel=\"nofollow\" data-mailto=\"\"><i class=\"fa-ssbs fa-ssbs-fw fa-ssbs-twitter\"><\/i><div class=\"counter-wrap arrowed\"><span class=\"counter\">0<\/span><\/div><\/a><\/div><p>Stocks Slammed To Worst Week Since Black Monday Amid Crude &amp; Credit Carnage.Some folks were suddenly forced to sell&#8230;<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/4GX4W5PBESg\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>And for those &#8220;shocked&#8221; that credit markets sparked this&#8230;<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/ujANeiNYHU8\" width=\"480\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Before we start, summarizing the bloodbath&#8230;<\/p>\n<ul>\n<li>Russell 2000 (Small Caps) Down 4.8% &#8211; <strong>worst week since May 2012<\/strong><\/li>\n<li>Trannies Down 4.8% &#8211; worst week in 4 months (Black Monday)<\/li>\n<li>S&amp;P 500 Down 3.5% &#8211; worst week in 4 months (Black Monday)<\/li>\n<li>FANGs Down 3.75% &#8211; worst week in 3 months<\/li>\n<li>HYG (HY Bond ETF) Down 3.75% &#8211; <strong>worst week since March 2009<\/strong><\/li>\n<li>HY CDX Up 60bps &#8211; <strong>biggest weekly spike in spreads since Dec 2014<\/strong><\/li>\n<li>USD Index Down 2.5% &#8211;<strong> worst 2-week drop in 4 months<\/strong><\/li>\n<li>JPY Stronger by 1.9% &#8211; worst week in 4 months<\/li>\n<li><strong>CAD Weaker by 2.75% &#8211; worst week in 5 months<\/strong><\/li>\n<li>EUR Stronger by 3.75% &#8211; <strong>best 2 week gain since Sept 2012<\/strong><\/li>\n<li>Yuan down 6 weeks in a row to weakest since July 2011 &#8211; <strong>longest losing streak in history<\/strong><\/li>\n<li><strong>WTI Crude Down 10.9% &#8211; worst week since Dec 2014<\/strong><\/li>\n<li>5Y Yield Drops 13bps &#8211; biggest absolute drop in 2 months<\/li>\n<li>30Y Yield Drops 13bps &#8211; <strong>biggest absolute drop since March 2015<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>The biggest news of the day\/week was the sudden awakening of the rest of the world that credit&#8217;s collapse is real&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2015\/12\/20151211_upd6.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2015\/12\/20151211_upd6_0.jpg\" alt=\"\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>This was the<strong> biggest weekly collapse in High-Yield Bonds since March 2009&#8230;<\/strong> with today&#8217;s move, HYG <strong>wipes out all total return back to 12\/12\/2012 (assuming divs reinvested)<\/strong><\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2015\/12\/20151211_EOD1.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2015\/12\/20151211_EOD1_0.jpg\" alt=\"\" \/><\/a><\/p>\n<p><em>(h\/t @groditi)<\/em><\/p>\n<p>Read more:<a href=\"http:\/\/www.zerohedge.com\/news\/2015-12-11\/stocks-slammed-worst-week-black-monday-amid-crude-credit-carnage\" target=\"_blank\">link<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<div data-animation=\"no-animation\" data-icons-animation=\"no-animation\" data-overlay=\"\" data-change-size=\"\" data-button-size=\"0.7\" style=\"font-size:0.7em!important;display:none;\" class=\"supsystic-social-sharing supsystic-social-sharing-package-flat supsystic-social-sharing-content supsystic-social-sharing-content-align-left\" data-text=\"\"><a data-networks=\"[]\" class=\"social-sharing-button sharer-flat sharer-flat-1 counter-arrowed facebook\" target=\"_blank\" title=\"Facebook\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fbestinsurance.gr%2Fa1%2Farchives%2F890\" data-main-href=\"http:\/\/www.facebook.com\/sharer.php?u={url}\" data-nid=\"1\" data-name=\"\" data-pid=\"1\" data-post-id=\"890\" data-url=\"https:\/\/bestinsurance.gr\/a1\/wp-admin\/admin-ajax.php\" rel=\"nofollow\" data-mailto=\"\"><i class=\"fa-ssbs fa-ssbs-fw fa-ssbs-facebook\"><\/i><div class=\"counter-wrap arrowed\"><span class=\"counter\">0<\/span><\/div><\/a><a data-networks=\"[]\" class=\"social-sharing-button sharer-flat sharer-flat-1 counter-arrowed twitter\" target=\"_blank\" title=\"Twitter\" href=\"https:\/\/twitter.com\/share?url=https%3A%2F%2Fbestinsurance.gr%2Fa1%2Farchives%2F890&text=Stocks+Slammed+To+Worst+Week+Since+Black+Monday+Amid+Crude+%26%23038%3B+Credit+Carnage\" data-main-href=\"https:\/\/twitter.com\/share?url={url}&text={title}\" data-nid=\"2\" data-name=\"\" data-pid=\"1\" data-post-id=\"890\" data-url=\"https:\/\/bestinsurance.gr\/a1\/wp-admin\/admin-ajax.php\" rel=\"nofollow\" data-mailto=\"\"><i class=\"fa-ssbs fa-ssbs-fw fa-ssbs-twitter\"><\/i><div class=\"counter-wrap arrowed\"><span class=\"counter\">0<\/span><\/div><\/a><\/div><p>Stocks Slammed To Worst Week Since Black Monday Amid Crude &amp; Credit Carnage.Some folks were suddenly forced to sell&#8230; And for those &#8220;shocked&#8221; that credit markets sparked this&#8230; Before we start, summarizing the bloodbath&#8230; Russell 2000 (Small Caps) Down 4.8% &#8211; worst week since May 2012 Trannies Down 4.8% &#8211; worst week in 4 months<\/p>\n","protected":false},"author":1,"featured_media":891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=890"}],"version-history":[{"count":1,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/890\/revisions"}],"predecessor-version":[{"id":892,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/890\/revisions\/892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/891"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}