Episode

Retail Sales Disconnect, Labor’s Lost Leverage, and Rising Hyperscaler Issuance

Podcast: Van Hesser's 3 Things in Credit - A KBRA Podcast
Published: Feb 13, 2026
Duration seconds: 614
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Summary

This week, our 3 Things are: 1. Retail sales disconnect. It’s normalizing, but not as weak as the latest data. 2. Labor’s lost leverage. More of the economic spoils are going to capital—is that a bad thing? 3. Rising hyperscaler issuance. Massive new issue supply is forcing investors to rethink the status quo.