
Increasingly Grumpy.
Deadly Houthi attacks in Saudi Arabia over the weekend and Trump clearly throwing his weight behind Putin by lifting some Russian energy sanctions and shutting down satellite access to the Ukrainian military pushed oil prices higher again as the eleventh bull market in stocks since the 1950s celebrated its fourth birthday (during which time the S&P 500 has risen by 117%) to start a week packed with Q3 earnings reports and critical inflation data.
While bond traders took the day off for Columbus Day, energy price concerns offset broad earnings optimism when stocks opened on Monday and the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.