🔥 Inflation cooled. Oil did not get the memo.
Producer prices fell 0.3%, but Brent moved back toward $86 as the conflict with Iran intensified. Meanwhile, South Korea’s market surged more than 6%, BlackRock crossed $15T in assets, Morgan Stanley reported record revenue, and institutional capital moved deeper into commercial solar and energy storage.
Today’s GRO Money News explains:
📉 Why lower PPI does not automatically mean cheaper development capital
⚡ What BlackRock’s Summit Ridge Energy transaction says about power, storage, and interconnection scarcity
🏦 Why record banking profits confirm that the capital allocation machine is…
The skinny
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