Brief: Best Quarter, Worst Print

Brief: Peace Broke the Bull Case

Monday's reopen after the five-day break split the tape: small caps broke a record while megacap tech bled from an AI talent exodus. But the day's real tell was what each resolution did with its risk rather than to it. The Iran roadmap drained the war premium and handed it to the bond market, calm i

Super Brief: Peace Broke the Bull Case — Super Brief

Peace Broke the Bull Case. The Russell clearing 3,000 while the Nasdaq slips is the widest small-over-large split in months, duration beating growth. Brent off a tenth with the 10-year stuck at 4.50% says disinflation is here and the long bond won't celebrate. Bitcoin over 65,000 with Ethereum near 1,760, both up about 2% on

Brief: Five Days, One Open

The US tape has not traded since Thursday. In the dark, the Switzerland round stalled without quite breaking, Iran declared the strait shut again while the oil kept moving through it, and a Fed that just penciled a 2026 hike watched the only inflation it is fighting roll over. Monday's open has to p

Super Brief: Five Days, One Open — Super Brief

Five Days, One Open. Five days clear into one open, so Monday's candle holds more risk than the four quiet sessions before it. Bitcoin looks firm near 63,000, but a record thirty-day ETF exodus underneath means price and positioning have split. Gold near 4,150 against a one-year-high dollar is collateral strain abroad,

Brief: What Monday Prices

Markets have not moved since Thursday's close. A collapsing Iran track, a silent Fed, and a minerals policy that deepens the dependence it claims to cure. The repricing starts Monday, and four days of accumulated news arrives at once.