Hot Reads: OPEC+ Production Cuts Put Oil in the Spotlight

What Next for Oil After Surprise OPEC+ Cuts? (Bloomberg) 
Analysts say the decline in oil inventories will accelerate, putting $100/barrel oil in the frame.  

European Banks & the Price of Safety (The Economist)  
Why the continent’s lenders are different than those in America. 

A Tale of 2 Years in Asset Management & What It Says About 2023 (Institutional Investor) 
The differences between traditional and alternatives firms are dramatic, according to Casey Quirk. 

Bank Stocks Are Beaten Up. Is Now a Buying Opportunity? (Barron’s) 
Holding bank stocks will mean paying attention to several data points at once. 

Crises of Uncertainty (Jackson Hole Economics) 
A relatively small-scale banking crisis has been sufficient to demonstrate the fragility of multilateralism. 

ESG Regulatory Scrutiny Could Slow ETF Development (Financial Times)  
Experts agree demand is strong, but uncertainty over regulations is having an impact in Europe. 

Another Black Eye for ESG in MSCI’s Mass Downgrade (Bloomberg) 
A change in methodology is highlighting once again the problems with such scores. 

Young Advisors Are Needed to Attract Young Clients, Execs Say (FA Magazine) 
Firms need to recruit younger advisors ahead of the coming $68 trillion generational wealth transfer.