
Oil Cooled Off, Wall Street Exhaled: Lower crude, louder trading desks, and just enough optimism to keep the deal people caffeinated.
Oil pulled back, equities rallied, and bank earnings gave Wall Street a reason to lean risk-on heading into Wednesday. In this episode, we break down what drove the move, why inflation is still not fully behaving, what mortgage rates and housing data are saying about the real economy, why private credit deserves more attention, and what Amazon’s Globalstar acquisition says about where strategic capital is still getting deployed.
Until tomorrow, be the best human you can be.
~ Teresa Grobecker
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The skinny
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