What you need to know on Wall Street today

pulse

February 23, 2018 9:06 PM

Hello. Here's what you need to know on Wall Street today.

One recommendation keeps coming up on Wall Street as a best idea: buy commodities.

Strategists fromGoldman SachstoCitigroupare all making a number of key assumptions. This phase of super-low interest rates is likely behind us because the global economy is growing. And in the US, with a jolt of fiscal stimulus, inflation and demand are finally starting to pick up.

Macquarie's Tom Price said in a recent note these views, which solidified over the past month, mark "a fundamental change in market psychology."

You can read more about Wall Street's new favorite trade here.

In other news, Kylie Jenner's tweet about dumping Snapchat made one group of investors $163 million. And Evan Spiegel wasn't the only one at Snap who got a huge bonus last year — fellow exec Imran Khan got $100 million.

Hedge fund legend Jim Chanos explainedmost important asset class in the worldAnd not to worry about valuations or inflation.

here's a clear playbook for how Amazon could upend the healthcare business — along with an obvious victim.

Lastly,

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