Dave Burt, CEO of investment research firm DeltaTerra Capital, believes an overlooked climate risk could see history repeating itself in the housing market.
Despite bold proclamations about a return to stability, the sale of Credit Suisse to UBS does not appear to have laid to rest contagion concerns.
West Texas Intermediate futures fell more than 6% to $66.85 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.