Morning Note | September 12, 2023 | DMO Plunges For Now Reason. AFT, ARDC, BANK Raise.

Summary

• Oil prices reach highest levels of 2023 at $89 per barrel.

• Interest rates take a breather after attempting to break through cycle highs.

• Apple set to unveil iPhone 15 today, all eyes on CPI for macro.

• Distribution Increases:  ARDC +4.4%, BANK +15.4%, AFT +2.4%.

• DMO took a plunge on poor trading.

Good Morning!

Markets are lower again today as oil prices…