# Earnings vs. Oil, Systemic Leverage, and Stagflation

Page: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/earnings-vs-oil-systemic-leverage-and-stagflation
Text version: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/earnings-vs-oil-systemic-leverage-and-stagflation.md
Podcast: [Van Hesser's 3 Things in Credit - A KBRA Podcast](https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838)
Published: 2026-03-20T16:30:10+00:00
Episode link: https://podcasters.spotify.com/pod/show/kbra981/episodes/Earnings-vs--Oil--Systemic-Leverage--and-Stagflation-e3go4ej
Audio file: https://anchor.fm/s/109cbc12c/podcast/play/117231507/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-2-20%2F92dd2f3a-cee3-2f51-85bb-c0e22ba0b3e2.mp3
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Duration seconds: 546

## Resource

This week, our 3 Things are: 1. Earnings vs. oil. We have an interesting comparison between the two. 2. Systemic leverage. Don’t lose sight of where we stand. 3. Stagflation. Is it really back?

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## Transcript

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