Oil Glut, Credit Cycle, and 2026 Themes

from Van Hesser's 3 Things in Credit - A KBRA Podcast · host KBRA

This week, our 3 Things are:Oil glut. The price of the commodity has plunged and is likely to stay that way in 2026.Credit cycle. Phases are irregular, and the conditions for pushing into recession are dormant. 2026 themes. We tally up things worth watching.

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This episode was published on December 19, 2025.

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