Having pushed up towards $49 in its exuberant "a hawkish fed must mean everything in the world is awesome" way, yesterday's reality check on inventories (rising), production (rising), and The Fed (we are going to hike no matter what), has dumped WTI Crude back below $46 and erased all of the gains post-FOMC... WTI gives it all back... Shifting WTI red post-FOMC, joining gold and bonds... How long before stocks catch on...? Charts: Bloomberg