Markets, Meditations, and Mental Models

Brief: The Seawall Trade


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Houthi missiles blocked Saudi crude from Bab el-Mandeb, cutting loadings by more than a third and pulling Brent to a six-week high alongside fresh hike pricing. Three stories said the same thing from different angles: banks are consolidating to own the fenced deposit franchise, Circle took a federal
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Markets, Meditations, and Mental ModelsBy Cosmic Trex