Brief: Priced Before Signed

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.

Super Brief: What Monday Prices — Super Brief

What Monday Prices. Washington's answer to Chinese mineral leverage is the familiar trio: stockpile, subsidize, reshore. It is now pointed at gallium, the metal the AI power grid runs on, where China makes about 98%. The plan treats gallium like oil, a thing you make more of if you pay enough. But gallium is not mined.

Brief: Nothing Settled

The Iran deal signed Wednesday collapsed before its own ceremony, with Geneva postponed and the ceasefire it was meant to stabilize fraying on the Lebanese border. Strategy's perpetual-preferred stack crosses $10 billion into a hawkish rate regime that raises its funding cost at the worst moment, an