Super Brief: Peace Broke the Bull Case — Super Brief

Super Brief: Escalate to Negotiate — Super Brief

Escalate to Negotiate. Iran's Revolutionary Guard fired ballistic missiles and drones at US bases in Kuwait and Bahrain before dawn Sunday, the first direct strikes on allied soil since the war began on February 28. Kuwait intercepted two missiles with no casualties; Bahrain reported a damaged building near the airport. W

Brief: Escalate to Negotiate

Iran fired ballistic missiles and drones at US bases in Kuwait and Bahrain on Sunday, retaliating for US strikes on five Iranian coastal sites a day earlier. Within hours both sides agreed to halt attacks and meet in Doha on Tuesday. Strategy's STRC preferred sank to record lows as its coupon ratche

Brief: Bolivia Broke First

PCE inflation hit 4.1 percent as Bolivia abandoned its fifteen-year dollar peg, the yen touched its weakest level since 1986, and Indonesia's central bank hiked emergency rates to defend the rupiah. KKR took a majority stake in Crowe for roughly $3 billion, Spark launched a stablecoin FX layer on Un

Super Brief: Bolivia Broke First — Super Brief

Bolivia Broke First. The May PCE print, 4.1 percent headline and 3.4 percent core, takes US rate cuts off the table and pins September hike odds near 73 percent. That welded floor is the most consequential number in global macro, because it hardens the gap between the dollar and every central bank that is lower or easin

Brief: The Supply That Wasn't There

The Nasdaq posted its fifth consecutive losing session as South Korea's KOSPI triggered its fifth circuit breaker of the year, oil unwound the entire war premium that took three months to build, and an FDA panel voted 9-0 for the first mRNA flu vaccine. OpenAI unveiled its first custom chip, Anthrop