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U.S. Refiners: Light My Fire
Relative share prices are no longer rising by 50% / annum. Instead, momentum has collapsed and is now contracting. Sell-side analyst exuberance has turned into outright pessimism: refiners’ profits are expected to trail the broad market in the…
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Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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