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Russia’s Game of Thrones, Small Caps’ Big Gains, and Legacy Media Meltdown 6/26/23

The Exchange

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The Rise of Consumer Staples

Chris Sennick and Brian Weinstein: Do you feel excited that things like consumer staples can start to outperform or is it more of a begrudging, hey, if this keeps going, this is the part that should naturally be in the leadership? Bob Bassani: "I think you can play both sides of this. I know that sounds kind of crazy with more trades pushing close to 7% but inventory's just so low" Stillhead: Public companies are going private for high yields on credit. We have details on the latest raise and how the banking stress is changing lending next on the exchange.

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