Daily market context for investors in the UAE.https://vaultwealth.com/https://vaultwealth.com/resources/daily-pour/22-october/https://vaultwealth.com/resources/daily-pour/22-october/Vault Wealth Double Espresso for Thursday, 22 October 2026. Meta’s capital spending exceeded what its operations produced, and 2027 is blank.Thu, 22 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-october/https://vaultwealth.com/resources/daily-pour/21-october/Vault Wealth Double Espresso for Wednesday, 21 October 2026. Tehran stated two different positions on the strait in two days; we carry both.Wed, 21 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-october/https://vaultwealth.com/resources/daily-pour/20-october/Vault Wealth Double Espresso for Tuesday, 20 October 2026. An eight-session chip slide ended, yet most stocks fell and nothing was resolved.Tue, 20 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-october/https://vaultwealth.com/resources/daily-pour/19-october/Vault Wealth Cortado for Monday, 19 October 2026. Chip stocks fell eight straight sessions on how the AI buildout is financed, not on demand.Mon, 19 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-october/https://vaultwealth.com/resources/daily-pour/18-october/Vault Wealth weekly review for Sunday, 18 October 2026. Our bear case got four legs right and the 10-year badly wrong, so we rebuilt the method.Sun, 18 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-october/https://vaultwealth.com/resources/daily-pour/17-october/Vault Wealth weekend recap for Saturday, 17 October 2026. Technology had its worst week since June while Brent touched $110, a first since May.Sat, 17 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-october/https://vaultwealth.com/resources/daily-pour/16-october/Vault Wealth Double Espresso for Friday, 16 October 2026. Producer prices rose at their fastest since 2022, and the long end fell regardless.Fri, 16 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-october/https://vaultwealth.com/resources/daily-pour/15-october/Vault Wealth Double Espresso for Thursday, 15 October 2026. September CPI came in above consensus on both measures and the whole curve repriced.Thu, 15 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-october/https://vaultwealth.com/resources/daily-pour/14-october/Vault Wealth Double Espresso for Wednesday, 14 October 2026. Four US banks posted strong profits with a shared inflation warning, ahead of CPI.Wed, 14 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-october/https://vaultwealth.com/resources/daily-pour/13-october/Vault Wealth Double Espresso for Tuesday, 13 October 2026. Riyadh’s main airport was struck again, crude settled higher and US banks open earnings.Tue, 13 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-october/https://vaultwealth.com/resources/daily-pour/12-october/Vault Wealth Cortado for Monday, 12 October 2026. An energy ceasefire was announced and Kyiv says it was not told; September CPI lands Wednesday.Mon, 12 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-october/https://vaultwealth.com/resources/daily-pour/11-october/Vault Wealth weekly review for Sunday, 11 October 2026. The US waived Russian energy sanctions for diesel as Iran widened its threat to shipping.Sun, 11 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-october/https://vaultwealth.com/resources/daily-pour/10-october/Vault Wealth weekend recap for Saturday, 10 October 2026. Hormuz flows fell to about 40% below pre-war, and equities still finished higher.Sat, 10 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-october/https://vaultwealth.com/resources/daily-pour/09-october/Vault Wealth Double Espresso for Friday, 9 October 2026. A record week of tanker attacks, Hormuz volumes 30% below pre-war, and crude up sharply.Fri, 09 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-october/https://vaultwealth.com/resources/daily-pour/08-october/Vault Wealth Double Espresso for Thursday, 8 October 2026. Yields climbed again, both records gave way, and the two crude benchmarks pulled apart.Thu, 08 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-october/https://vaultwealth.com/resources/daily-pour/07-october/Vault Wealth Double Espresso for Wednesday, 7 October 2026. Both US indices closed at records, the 10-year settled lower and Brent held near $100.Wed, 07 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-october/https://vaultwealth.com/resources/daily-pour/06-october/Vault Wealth Double Espresso for Tuesday, 6 October 2026. The Nasdaq closed at a record while the 10-year touched its highest since April 2002.Tue, 06 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-october/https://vaultwealth.com/resources/daily-pour/05-october/Vault Wealth Cortado week-ahead for Monday, 5 October 2026. Hormuz flows are reported near pre-war levels, and the regime gauge returns to neutral at 46.Mon, 05 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-october/https://vaultwealth.com/resources/daily-pour/04-october/Vault Wealth Cappuccino for Sunday, 4 October 2026. Payrolls of 29,000 cut October hike odds to about 17%, but December remains above 75%.Sun, 04 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-october/https://vaultwealth.com/resources/daily-pour/03-october/Vault Wealth weekend recap for Saturday, 3 October 2026. September payrolls came in at 29,000, yields eased and crude fell on a G-7 release.Sat, 03 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-october/https://vaultwealth.com/resources/daily-pour/02-october/Vault Wealth Double Espresso for Friday, 2 October 2026. Jobless claims fell to 197,000 and the 10-year reached 5.3338%, its highest since April 2002.Fri, 02 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-october/https://vaultwealth.com/resources/daily-pour/01-october/Vault Wealth Double Espresso for Thursday, 1 October 2026. August PCE undershot on both measures, and the 10-year rose to 5.29% regardless.Thu, 01 Oct 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-september/https://vaultwealth.com/resources/daily-pour/30-september/Vault Wealth Double Espresso for Wednesday, 30 September 2026. The US sought an exchange of up to 40 million reserve barrels, and Brent fell below $103.Wed, 30 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-september/https://vaultwealth.com/resources/daily-pour/29-september/Vault Wealth Double Espresso for Tuesday, 29 September 2026. Shipping through Hormuz is reported slower, and we are partly restoring the energy hedge.Tue, 29 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-september/https://vaultwealth.com/resources/daily-pour/28-september/Vault Wealth Cortado week-ahead for Monday, 28 September 2026. Trump refused Iran’s proposal, but its terms are now public and both sides expect to talk.Mon, 28 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-september/https://vaultwealth.com/resources/daily-pour/27-september/Vault Wealth Cappuccino weekly wrap for Sunday, 27 September 2026. Iran's foreign minister said that if certain conditions were met the Strait of Hormuz would open at the end of seven days and talks would restart. On Saturday President Trump said he was rejecting that plan as unacceptable. The week behind it was genuinely good in places — equities ended five consecutive weekly declines and the pipeline reopened — but the Brent–WTI spread tripled to about twelve dollars.Sun, 27 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/26-september/https://vaultwealth.com/resources/daily-pour/26-september/Vault Wealth Double Espresso (Saturday recap) for 26 September 2026. American crude and Gulf crude have come apart: WTI settled Friday at $92.41 and Brent at $104.32, a gap of roughly twelve dollars where a week ago it was about four. And equities finally stopped falling — the S&P rose about 1.2% on the week and the Nasdaq about 2.1%, ending five consecutive weekly declines.Sat, 26 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-september/https://vaultwealth.com/resources/daily-pour/25-september/Vault Wealth Double Espresso for Friday, 25 September 2026. Saudi Arabia's East–West crude pipeline is back in service after the drone attack that shut it fifteen days ago — and crude rose anyway, Brent gaining 2.18% to $105.33 as indirect US–Iran talks at the UN General Assembly yielded little progress. That combination tells you what is left in the oil price, and it is not a logistics problem.Fri, 25 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-september/https://vaultwealth.com/resources/daily-pour/24-september/Vault Wealth Double Espresso for Thursday, 24 September 2026. The 10-year Treasury yield reached 5.135% on Wednesday, its highest since July 2007, after strong business surveys showed activity booming while bottlenecks and fuel costs pointed to more inflation ahead. Brent rose 3.9% to settle at $103.08, ending five straight sessions of losses, leaving US crude about eleven dollars below it.Thu, 24 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-september/https://vaultwealth.com/resources/daily-pour/23-september/Vault Wealth Double Espresso for Wednesday, 23 September 2026. Brent briefly traded below $98 on Tuesday, its first visit to the $90s since the pipeline was struck, before recovering to around $100.19. On any day of the past three weeks that would have pulled the 10-year Treasury yield down with it. It did not: yields finished little changed around 4.96–4.98%, after three Fed officials spoke and none gave ground.Wed, 23 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-september/https://vaultwealth.com/resources/daily-pour/22-september/Vault Wealth Double Espresso for Tuesday, 22 September 2026. Flows from the broader Middle East are reported at about 80% of pre-war levels, exports through the Strait of Hormuz are steadily rising, and Saudi Arabia has been using offshore ship-to-ship transfers in the Gulf of Oman. US crude settled 4.5% lower at $95.78, below $100 for the first time since the pipeline was struck.Tue, 22 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-september/https://vaultwealth.com/resources/daily-pour/21-september/Vault Wealth Cortado week-ahead for Monday, 21 September 2026. The one-month rolling correlation between front-month US crude and the 10-year Treasury yield has climbed to 0.96 — the strongest positive relationship since June 2019, according to CNBC. These two instruments are now moving as one, and between them they have absorbed almost everything this conflict has thrown at markets.Mon, 21 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-september/https://vaultwealth.com/resources/daily-pour/20-september/Vault Wealth Cappuccino weekly wrap for Sunday, 20 September 2026. In five sessions the Federal Reserve raised rates with sixteen of its eighteen participants signalling another to come, the 10-year Treasury yield reached its highest since 2007, the Gulf ministerial collapsed before it began and Saudi Arabia produced a pipeline restart plan — and the S&P 500 finished the week about a tenth of a per cent lower.Sun, 20 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-september/https://vaultwealth.com/resources/daily-pour/19-september/Vault Wealth Double Espresso (Saturday recap) for 19 September 2026. Gulf foreign ministers cancelled their first meeting since the war began. The 10-year Treasury yield crossed 5% and reached its highest level since 2007. The Federal Reserve raised rates for the first time since 2023, unanimously, with sixteen of eighteen participants signalling another rise. And the S&P 500 finished the week fractionally lower — a fifth consecutive weekly decline, by under a tenth of a per cent.Sat, 19 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-september/https://vaultwealth.com/resources/daily-pour/18-september/Vault Wealth Double Espresso for Friday, 18 September 2026. The first real relief since the East–West line was struck. Saudi Arabia indicated it could restore roughly half the pipeline's capacity within days and full operations within six weeks, and is reported to be shifting some crude exports through the Strait of Hormuz in the meantime. Brent fell toward $102 after a 2.7% drop the day before, with WTI near $100.Fri, 18 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-september/https://vaultwealth.com/resources/daily-pour/17-september/Vault Wealth Double Espresso for Thursday, 17 September 2026. The Federal Reserve raised rates by a quarter point to 3.75–4.00% on Wednesday, its first increase since 2023, and the committee was unanimous at 12–0. But the decision was never the question. The projections were, and they came in firmly hawkish: sixteen of the eighteen participants expect another rise, with four of those seeing two more as possible.Thu, 17 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-september/https://vaultwealth.com/resources/daily-pour/16-september/Vault Wealth Double Espresso for Wednesday, 16 September 2026. The Federal Reserve decides today, and the decision itself is close to a formality — a quarter-point rise to 3.75–4.00% is priced at roughly 90%. The event is what comes with it: the updated projections and Chair Kevin Warsh's press conference. The previous dot plot implied a policy rate of about 3.8% by the end of 2026, which is one rise this year; the market now fully prices two.Wed, 16 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-september/https://vaultwealth.com/resources/daily-pour/15-september/Vault Wealth Double Espresso for Tuesday, 15 September 2026. The US 10-year Treasury yield topped 5% on Monday for the first time since October 2023, as the oil surge revived inflation fears and traders priced rates staying higher for longer. In the Gulf, Oman postponed the Salalah ministerial on the eve without a new date. And a third, unrelated shock hit from an unusual direction, as the heads of the two leading frontier AI companies called for an industry-wide slowdown and semiconductor shares fell hard.Tue, 15 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-september/https://vaultwealth.com/resources/daily-pour/14-september/Vault Wealth Cortado week-ahead for Monday, 14 September 2026. Saudi Arabia has shut its East–West crude oil pipeline after drone strikes launched from Iraqi territory hit the line in the Riyadh and Medina regions on Thursday. The 1,200km pipeline to the Red Sea port of Yanbu had been moving an estimated 4–5 million barrels a day, and it was the principal route around a Strait of Hormuz that Iran's blockade keeps effectively closed. With the strait shut and the bypass down, Brent is rising toward $108 and WTI trades near $103, after crude rallied almost 9% last week.Mon, 14 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-september/https://vaultwealth.com/resources/daily-pour/13-september/Vault Wealth Cappuccino weekly wrap for Sunday, 13 September 2026. Everything we said would move this market moved. Crude broke $100 and kept going, settling the week 8.7% higher on Brent and 9.4% on WTI as the conflict reached energy infrastructure at both ends of the Gulf. August core inflation came in a tenth hotter than forecast, and the implied odds of a rate rise on Wednesday went from 62% to roughly 86%, with two increases now fully priced by year-end. And the S&P 500 fell 0.6%.Sun, 13 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-september/https://vaultwealth.com/resources/daily-pour/12-september/Vault Wealth Double Espresso (Saturday recap) for 12 September 2026. Friday brought relief: stocks halted four straight losing sessions — the S&P up 0.86% and the Nasdaq 0.96% — after Brent eased 2.8% to settle at $104.61 and August inflation landed close to expectations. But the week belonged to oil. Brent gained 8.7% and WTI 9.4%, both finishing above $100, and the indexes still posted a fourth consecutive weekly loss. Beneath the calmer surface the rate picture hardened again: core CPI ran a tenth hotter than forecast, and implied odds of a rate rise on 16 September climbed to roughly 86%, from 62% at midweek.Sat, 12 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-september/https://vaultwealth.com/resources/daily-pour/11-september/Vault Wealth Double Espresso for Friday, 11 September 2026. The oil shock turned severe on Thursday. Brent surged 5.9% to settle at $107.63 and WTI 6.7% to $102.48 — the highest closes since May for both — as fears mounted of prolonged inflation from a war now in its seventh month. Stocks fell for a fourth straight session, the S&P off 0.58% and the Nasdaq 0.65%. And the rate picture hardened decisively: after producer-price data, traders moved to price a 70% chance of a rate rise next week, up from 62%, according to CME FedWatch.Fri, 11 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-september/https://vaultwealth.com/resources/daily-pour/10-september/Vault Wealth Double Espresso for Thursday, 10 September 2026. Brent surged 3.4% to just over $101 on Wednesday, its first sustained break above triple digits in this episode, after Iran-backed Houthi militants attacked energy infrastructure in southern Saudi Arabia — including the 400,000-barrel-a-day Jazan refinery — following US strikes on five Iranian tankers near Kharg Island, Iran's main export hub. The 10-year Treasury yield climbed to 4.84%, its highest since 2023. Equities took it relatively calmly: the S&P slipped 0.48% for a third straight decline.Thu, 10 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-september/https://vaultwealth.com/resources/daily-pour/09-september/Vault Wealth Double Espresso for Wednesday, 9 September 2026. The conflict crossed a new line on Tuesday. Attacks were reported on Saudi Arabia's oil facilities, and US Central Command said the American military destroyed five Iranian crude tankers in retaliation for the Revolutionary Guard firing ballistic missiles at an American warship twice in two days, including a second salvo that had not previously been disclosed. Brent touched roughly $99 a barrel intraday before easing back, with WTI above $90. The distinction matters: until now the disruption has been about moving oil, and an attack on production facilities threatens the supply itself.Wed, 09 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-september/https://vaultwealth.com/resources/daily-pour/08-september/Vault Wealth Double Espresso for Tuesday, 8 September 2026. US markets reopen today and must price a weekend of escalation in a single move. Brent settled near $97 on Monday, up about 9% over five days and 19% over the month, with WTI at a near six-week high, after the US said it struck three Iranian oil tankers — destroying one — in retaliation for ballistic missile attacks on its Navy warships, and Tehran threatened a restricted maritime zone extending from the blockade line into parts of the Gulf. Yet the same day brought a contradictory signal: Iran said its accord with Oman is in its final stages, days away, and would include a temporary safe route through the strait.Tue, 08 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-september/https://vaultwealth.com/resources/daily-pour/07-september/Vault Wealth Cortado week-ahead for Monday, 7 September 2026. A dangerous weekend in the Gulf. Iran struck American Navy warships with ballistic missiles; the US said it retaliated with strikes on three Iranian oil tankers, destroying one; and Tehran answered by attacking tankers and other vessels linked to the US, while announcing it will impose a “restricted” maritime zone beyond the Strait of Hormuz in the coming days. Accounts from both sides are contested, but the direction is not: the conflict is now widening beyond the strait itself. Brent opened near $97, having gained more than 8% last week. US markets are closed today for Labor Day, so the repricing waits until Tuesday — and Friday's August CPI is the last input before the 16 September decision.Mon, 07 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-september/https://vaultwealth.com/resources/daily-pour/06-september/Vault Wealth Cappuccino weekly wrap for Sunday, 6 September 2026. A violent week netted out to almost nothing: the S&P finished up 0.1% and the Nasdaq 0.4%. Beneath that calm, the picture changed materially. The Gulf escalated — the US struck Iranian targets after a month of relative quiet, Tehran retaliated against American bases and vessels, and two tankers were hit — sending Brent up about 8% on the week to near $95 and Treasury yields to multi-decade highs. Midweek the mood flipped, as soft ADP hiring and Governor Waller's dovish remark drove the best session in a month. Then Friday's payrolls settled it: 162,000 jobs against about 56,000 expected, lifting the odds of a 16 September hike to roughly 58%.Sun, 06 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-september/https://vaultwealth.com/resources/daily-pour/05-september/Vault Wealth Double Espresso (Saturday recap) for 5 September 2026. A hot August jobs report settled an argument that had run all week. Payrolls surged 162,000 against about 56,000 expected — nearly three times the forecast — with unemployment steady at 4.1% and average hourly earnings up 0.3%. Yields jumped, stocks fell on Friday, and the implied odds of a rate hike on 16 September rose to roughly 58%. It capped a genuine round trip: tanker strikes in the Strait of Hormuz drove an oil shock and multi-decade-high yields early in the week, then Governor Waller's dovish remark sparked the best session in a month on Thursday, before the jobs number closed the door. The indexes finished barely changed — the S&P up 0.1% and the Nasdaq 0.4% — which understates how much the outlook shifted beneath them.Sat, 05 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-september/https://vaultwealth.com/resources/daily-pour/04-september/Vault Wealth Double Espresso for Friday, 4 September 2026. The hawkish narrative cracked — and from inside the Fed. Governor Waller said a rate hike would not be warranted if underlying inflation continues to slow, a shift from his earlier emphasis on inflation risks and a direct counterweight to Chair Warsh's Jackson Hole message. Markets seized on it: stocks posted their best day in a month, the S&P up 1.06% and the Nasdaq 1.4%, as Treasury yields retreated. The data helped too — services activity accelerated to 55.4, comfortably ahead of forecast, and jobless claims stayed low at 206,000, suggesting ADP's soft hiring number was the outlier rather than the trend. Oil stayed elevated, with WTI near $91. Now the August payrolls report lands and settles the argument.Fri, 04 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-september/https://vaultwealth.com/resources/daily-pour/03-september/Vault Wealth Double Espresso for Thursday, 3 September 2026. The market caught its breath on Wednesday. Treasury yields backed off the multi-decade highs they reached after the tanker strikes, and stocks recovered — the S&P and Nasdaq both up around 0.45% — even as Brent held near $95, close to a five-week closing high. But the day's data sharpened the Fed's dilemma rather than easing it. ADP showed private employers added just 38,000 jobs in August, a soft print that cuts against the hike case Chair Warsh has been building, while the Beige Book described only modest growth, with data-centre demand the standout driver and energy prices and geopolitics named among the main uncertainties. Cost-push inflation from oil on one side, a cooling labour market on the other — and tomorrow's payrolls decide which the Fed weights.Thu, 03 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-september/https://vaultwealth.com/resources/daily-pour/02-september/Vault Wealth Double Espresso for Wednesday, 2 September 2026. The Gulf conflict escalated sharply on Tuesday. Two oil tankers were struck while attempting to exit the Strait of Hormuz, and Brent surged above $95 a barrel — well past the level that had defined the war premium through August. The shock rippled straight into rates: Treasury yields marched to multi-decade highs, the 10-year reaching its highest since early 2025 and the 30-year climbing above 5.2%, as the oil move reignited the inflation fears Chair Warsh had already flagged. Stocks fell — the S&P 0.7% and the Nasdaq 1.3%. Solid data went almost unnoticed: manufacturing held in expansion and job openings edged up. ADP lands today, with Friday's payrolls still set to decide the 16 September call.Wed, 02 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-september/https://vaultwealth.com/resources/daily-pour/01-september/Vault Wealth Double Espresso for Tuesday, 1 September 2026. The calendar turned, and the mood with it. Stocks slipped on Monday — the S&P off 0.3% — after the US and Iran traded fire for the first time in a month and oil surged again toward $90, cementing the weekend's re-escalation. It was a sour end to an otherwise strong August, in which the S&P still rose 2.6% and the Nasdaq 3.9% despite the late turbulence. Now the month's decisive stretch begins: ISM manufacturing and job openings today open a jobs week that ends Friday with the payrolls report set to decide whether the Fed hikes on 16 September — with the returning oil premium and a hawkish Chair Warsh both weighing on the outlook.Tue, 01 Sep 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/31-august/https://vaultwealth.com/resources/daily-pour/31-august/Vault Wealth Cortado week-ahead for Monday, 31 August 2026. The market comes in off a rebound — the indexes gained less than 1% last week, carried by Nvidia's blowout — but the weekend turned the mood. The Gulf de-escalation reversed: fresh fighting flared in the Strait of Hormuz, the US military struck Iranian rocket launchers said to be preparing to lay mines, and Brent jumped back above $90. That reverses last week's oil relief just as the market reaches its most important number of the month. On Friday the August jobs report lands, and after Chair Warsh's hawkish debut it will decide whether the Fed hikes on 16 September. The two big risks we had been weighing — oil and the Fed — have both turned adverse; Nvidia's earnings are the floor beneath them.Mon, 31 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-august/https://vaultwealth.com/resources/daily-pour/30-august/Vault Wealth Cappuccino weekly wrap for Sunday, 30 August 2026. The market rebounded from the prior week's slide — all three indexes gained less than 1% — but the tone changed by Friday. A midweek Nvidia blowout drove the best session since early August and revived the AI trade, while oil eased below $90 as Gulf supply recovered, exports climbing back toward two-thirds of pre-war levels. Then new Fed Chair Kevin Warsh capped it: in his first Jackson Hole keynote he said inflation is still too high and rate hikes may be needed, and September hike bets spiked to 57%. Of the three things we had been watching, two turned constructive this week — oil and AI earnings — while the third, the Fed, turned the other way. Next week's August jobs report will decide the September call.Sun, 30 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-august/https://vaultwealth.com/resources/daily-pour/29-august/Vault Wealth Double Espresso (Saturday recap) for 29 August 2026. The market rebounded from last week's slide — all three indexes gained less than 1% — but not without a sting in the tail. A midweek Nvidia blowout drove the best session since early August, reviving the AI trade, and oil eased below $90 as Gulf diplomacy reasserted. Then, on Friday, new Fed Chair Kevin Warsh capped it: in his first Jackson Hole keynote he said inflation is still too high and rate hikes may be needed, arguing recent cooling has not convinced him the underlying trend has improved. Bets on a September hike spiked to 57% and stocks slipped. Two of the three things we had been watching turned constructive this week — oil and AI earnings — while the third, the Fed, turned the other way.Sat, 29 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-august/https://vaultwealth.com/resources/daily-pour/28-august/Vault Wealth Double Espresso for Friday, 28 August 2026. Nvidia's blowout did its job. The S&P and Nasdaq had their best day since early August, led higher by Nvidia's near-9% post-earnings surge and a software resurgence — Salesforce jumped 11% and CrowdStrike 9% — as the AI trade came roaring back after a bruising fortnight. But the rally was narrow: technology was the only S&P sector to advance, a reminder that this was an AI relief bounce, not a broad re-rating, with the sticky core PCE still hanging over the rest. Now the week's last and biggest test arrives: Fed Chair Kevin Warsh gives his first Jackson Hole keynote today, with markets hungry for any signal on how he will balance sticky inflation against softening growth. Oil holding below $90 is a quiet tailwind.Fri, 28 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-august/https://vaultwealth.com/resources/daily-pour/27-august/Vault Wealth Double Espresso for Thursday, 27 August 2026. The market's biggest day split its verdict, and the bigger half went right. In the regular session stocks finished flat as July PCE showed inflation still sticky — headline at 3.7% and core steady at 3.3% — giving the Fed no reason to soften ahead of Jackson Hole. Then, after the close, the AI bellwether delivered: Nvidia crushed expectations with revenue of $96.2 billion, up 106%, adjusted EPS of $2.22, and a third-quarter guide well above consensus, with CEO Jensen Huang forecasting 70% growth into fiscal 2028. It was the reassurance the AI trade needed after a bruising fortnight, and it lifted the complex after hours. With oil holding its lower footing, attention now turns fully to Jackson Hole, which opens today, and Chair Warsh's first keynote on Friday.Thu, 27 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/26-august/https://vaultwealth.com/resources/daily-pour/26-august/Vault Wealth Double Espresso for Wednesday, 26 August 2026. The pressure that drove last week's selloff eased just as the market reached its decisive day. Brent tumbled more than 3% to a one-week low near $89 as the de-escalation track reasserted — traders judged the new US sanctions less threatening to oil supply than a military move, and Iran's foreign minister leaned into diplomacy, flagging a proposed framework for a new shipping corridor, joint mine-clearing and future management of Hormuz. Stocks bounced — the S&P rose 0.3% and the Nasdaq 0.7% — as chips recovered and Treasury yields softened. Now the week's crux lands today: July PCE, a Q2 GDP revision, and — after the close — Nvidia, the AI bellwether whose results will judge the valuation wobble.Wed, 26 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-august/https://vaultwealth.com/resources/daily-pour/25-august/Vault Wealth Double Espresso for Tuesday, 25 August 2026. It was a holding session, the kind that comes before a binary. Stocks drifted lower — the S&P off 0.3% and the Nasdaq 0.8%, led by the chips — as investors declined to commit ahead of a decisive Wednesday, when July PCE, a GDP revision and Nvidia's earnings all land together, with Jackson Hole to follow. Two developments still moved the tape: the US delivered its “economic D-Day,” with Treasury Secretary Bessent unveiling “Operation Economic Outcast” sanctions on Iran, and the memory chips slid on a report that Nvidia will raise the price of its AI servers — Micron fell 5.8% — an awkward setup two days before Nvidia itself reports.Tue, 25 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-august/https://vaultwealth.com/resources/daily-pour/24-august/Vault Wealth Cortado week-ahead for Monday, 24 August 2026. The market comes in off its first down week in four — the S&P lost 1.4% and the Nasdaq 2.1% as a returning oil premium drove yields to multidecade highs and Walmart flagged a gas-squeezed consumer. Now a stacked calendar will decide whether that slide was a pause or the start of something more: the US is set to unveil new measures to isolate Iran today, July PCE and Nvidia's earnings land on Wednesday, and Jackson Hole — with new Fed Chair Kevin Warsh's first keynote — closes the week. The Gulf itself is sending crosscurrents: Iran's president signalled he wants the war to end, even as Washington readies fresh economic pressure. Oil held near $94.Mon, 24 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-august/https://vaultwealth.com/resources/daily-pour/23-august/Vault Wealth Cappuccino weekly wrap for Sunday, 23 August 2026. After three straight weeks of gains and a record, the market cracked. The S&P fell 1.4% and the Nasdaq 2.1%, in a decline that was really one story told several ways. A returning war premium sent Brent up a sixth straight session, about 6.4% on the week; firmer oil drove long yields to multidecade highs; higher yields hit the priciest AI stocks; and Walmart blamed high gas prices for the consumer trade-offs behind its worst day in more than four years. Hawkish Fed minutes — a fractured 9-3 hold, three presidents wanting a hike — confirmed a committee still biased to tighten. Home Depot and Target beat, so this is a repricing rather than a proven downturn, but the disinflation optimism is gone. Next week, Jackson Hole and the July PCE print set the tone.Sun, 23 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-august/https://vaultwealth.com/resources/daily-pour/22-august/Vault Wealth Double Espresso (Saturday recap) for 22 August 2026. The record finally cracked. The S&P fell 1.4% on the week and the Nasdaq 2.1%, both snapping three-week winning streaks, in a decline that was really one story told several ways. A returning war premium sent Brent up a sixth straight session, about 6.4% on the week; firmer oil drove long yields to multidecade highs; higher yields hit the priciest AI stocks; and, most tellingly, Walmart blamed high gas prices for the consumer trade-offs behind its worst day in more than four years. Hawkish Fed minutes confirmed a committee still biased to tighten. Friday steadied — the S&P rose 0.4% — but the disinflation optimism that carried stocks to a record is gone, with Jackson Hole now the focus.Sat, 22 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-august/https://vaultwealth.com/resources/daily-pour/21-august/Vault Wealth Double Espresso for Friday, 21 August 2026. The consumer verdict landed on Thursday, and it was not the reassuring one. Walmart — the broadest read of all — had its worst day in more than four years, down over 9%, after its US comparable sales missed and it cut its outlook. The tell was the reason: management blamed high gas prices for customers making trade-offs. That connects the oil spike the market had treated as an inflation-and-rates story directly to household spending. Stocks slid — the S&P fell 0.87% and the Nasdaq 1% — as bond yields resumed their climb, the 10-year back toward 4.70%, and crude extended its run. The record of ten days ago has fully unwound, with Jackson Hole ahead next week.Fri, 21 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-august/https://vaultwealth.com/resources/daily-pour/20-august/Vault Wealth Double Espresso for Thursday, 20 August 2026. The selling paused on Wednesday. The S&P rose 0.2%, snapping a three-day slide, as long yields eased off their multidecade highs and buyers rotated out of the soft AI leaders into health care and cyclicals. The retailers helped: Target beat and raised its guidance, adding to Home Depot's beat, though Lowe's trimmed its outlook as DIY spending lagged. Then the Fed's July minutes landed with a harder message — the hold was a fractured 9-3, three presidents wanted a hike, and officials saw inflation risks skewed to the upside. Markets looked past it, because the minutes predate the cool CPI and PPI — but with Brent topping $92, the very inflation impulse the Fed feared is building. Walmart reports before the bell today.Thu, 20 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-august/https://vaultwealth.com/resources/daily-pour/19-august/Vault Wealth Double Espresso for Wednesday, 19 August 2026. The selloff deepened and changed character on Tuesday. The S&P fell 0.7% and the Nasdaq 1.33% as sovereign bond yields at multidecade highs turned on the market's priciest corner — Nvidia, Micron and Broadcom led an AI-valuation shakeout, amid criticism their prices had run too far. The clearest good news of the day went ignored: Home Depot beat on the top and bottom lines and reaffirmed its full-year guidance, a reassuring read on the consumer after Friday's scare. But firmer oil — up a third session after President Trump said he would not revive the Iran truce — kept the pressure on rates. Now the July FOMC minutes land today, alongside Target and Lowe's.Wed, 19 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-august/https://vaultwealth.com/resources/daily-pour/18-august/Vault Wealth Double Espresso for Tuesday, 18 August 2026. A calm that never really settled broke on Monday. Brent crude rocketed back toward $91 — from below $88 on Friday — as fears the US-Iran war could reignite returned: a senior Iranian official floated shifting to an offensive posture and escalating in the Strait of Hormuz, and Washington signalled no rush to end the conflict. The move hit more than the oil pit — long-dated Treasury yields jumped, with the 30-year to its highest in decades, and the S&P slipped 0.52% as the twin squeeze pressured valuations. Now the consumer test begins under a darker sky: Home Depot opens the retailer gauntlet before the bell today, with the July FOMC minutes tomorrow.Tue, 18 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-august/https://vaultwealth.com/resources/daily-pour/17-august/Vault Wealth Cortado week-ahead for Monday, 17 August 2026. The market opens off a third straight weekly gain, in a week that gave the bulls what they wanted, then a warning. Two cool inflation prints — a tame CPI and a soft PPI — drove a fresh record on Thursday, led healthily by small-caps; then Friday's retail sales fell 0.6%, the biggest drop in over a year, and consumer sentiment soured. Now the week ahead puts that warning to the test: the big retailers report — Home Depot on Tuesday, Target and Lowe's on Wednesday, Walmart on Thursday — alongside the July FOMC minutes, to show whether Friday was a blip or the start of a rollover. On the Gulf, the Hormuz deadlock persists and weekend talks soured again, keeping oil's upside risk live.Mon, 17 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-august/https://vaultwealth.com/resources/daily-pour/16-august/Vault Wealth Cappuccino weekly wrap for Sunday, 16 August 2026. It was the week the rate-cut thesis was vindicated, then quietly complicated. Two soft inflation prints — a tame CPI and a cooler PPI, the wholesale annual rate down to 4.7% from 5.5% — carried the S&P to a fresh record on Thursday, led by small-caps rather than a handful of megacaps. Then Friday cracked: July retail sales fell 0.6%, the biggest drop in over a year, and consumer sentiment turned dour, pulling the index off its high. The week still finished green, a third straight weekly gain. Oil round-tripped too, surging about 12% mid-week on the Hormuz deadlock before easing back below $88 as demand forecasts were cut. Next week the FOMC minutes and the big retailers put the consumer on trial.Sun, 16 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-august/https://vaultwealth.com/resources/daily-pour/15-august/Vault Wealth Double Espresso (Saturday recap) for 15 August 2026. The market got what it wanted, then a reminder of the cost. Two soft inflation prints — a tame CPI and a cooler PPI, with the wholesale annual rate dropping to 4.7% from 5.5% — drove the S&P to a fresh record on Thursday, with small-caps leading as the rate-cut case firmed. Then Friday cracked: July retail sales fell 0.6%, the biggest drop in over a year, and consumer sentiment turned dour, pulling the index back off its high. Net, a third straight weekly gain — narrow, but intact. Oil round-tripped too: Brent surged about 12% mid-week on the Hormuz deadlock, then eased back below $88 as the IEA and OPEC cut demand forecasts.Sat, 15 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-august/https://vaultwealth.com/resources/daily-pour/14-august/Vault Wealth Double Espresso for Friday, 14 August 2026. A second soft inflation print sealed the week. July producer prices were flat on the month and the annual rate dropped to 4.7% from 5.5% — a cleaner cooling than the in-line CPI — and the market ran with it. The S&P closed at a fresh record and small-caps led, with the Russell 2000 reaching a record high, as the rate-cut and pause case firmed. Oil's scare eased too: Brent slipped back below $88, ending a six-session rally, as the IEA and OPEC both cut demand forecasts and offset the still-unresolved Hormuz supply risk. Today's July retail sales at 4:30pm GST close the week's slate.Fri, 14 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-august/https://vaultwealth.com/resources/daily-pour/13-august/Vault Wealth Double Espresso for Thursday, 13 August 2026. July CPI came in tame and in line — headline 3.4%, core 2.5%, both matching estimates — and the market took the relief. The S&P added 0.3% and the Nasdaq 0.5% as Treasury yields fell and the rate-cut path held. But the win came with a bill: Brent crude has jumped about 12% in six sessions toward $88 as the Hormuz deadlock hardened, with Iran now demanding sanctions relief and war reparations before any reopening. Today's July PPI at 4:30pm GST is the next test — and with energy climbing, the producer read matters more than usual.Thu, 13 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-august/https://vaultwealth.com/resources/daily-pour/12-august/Vault Wealth Double Espresso for Wednesday, 12 August 2026. The market eased for a second day into the year's most important CPI. The S&P slipped 0.32% and the Nasdaq 0.60% on Tuesday as Iran hardened its stance — saying the Strait of Hormuz will stay closed until its conditions are met — lifting oil and dragging tech, with Alphabet sinking. Now July CPI lands at 4:30pm GST: prediction markets lean toward a tame print (headline ~3.4%, core ~2.5%), which would validate the rate-cut hopes; but a hot number, with oil firmer, would revive the September hike fear the divided Fed flagged. It is the hinge the whole rally's dovish premise rests on.Wed, 12 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-august/https://vaultwealth.com/resources/daily-pour/11-august/Vault Wealth Double Espresso for Tuesday, 11 August 2026. The record run paused on Monday. The S&P slipped 0.1% and the Nasdaq 0.3% as oil climbed and Nvidia pulled back, with the market marking time before Wednesday's CPI. Behind the move, the Hormuz optimism faded fast: the Iran-Oman accord stalled — Iran said it is not in direct talks with the US and that its blockade must lift before any reopening — and both sides hardened their demands. The war flared again too, with a claimed Houthi strike on a Saudi refinery and a tanker attacked in the strait over the weekend, pushing Brent back toward the mid-$80s. Tomorrow's July CPI is the hinge — now with firmer oil as a complication.Tue, 11 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-august/https://vaultwealth.com/resources/daily-pour/10-august/Vault Wealth Cortado week-ahead for Monday, 10 August 2026. The market comes in at a record, after its best week since April — a run powered, improbably, by a weak jobs report that flipped the Fed debate from hikes to cuts. Now the rate-cut thesis faces its test: July CPI on Wednesday (headline seen ~3.4%, core ~2.5%) will confirm the dovish repricing or reopen the hawkish debate, with PPI and retail sales alongside. On the Gulf, the Iran-Oman deal is reportedly close but, by Iran's own account, would not fully reopen the strait — and Iran is demanding US concessions. It leaves a market priced for good news facing a genuine binary.Mon, 10 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-august/https://vaultwealth.com/resources/daily-pour/09-august/Vault Wealth Cappuccino weekly wrap for Sunday, 9 August 2026. Wall Street had its best week since April, the S&P up about 3% and the Nasdaq 4%, in a run that began with records on de-escalation and AI earnings and ended with a rally sparked, improbably, by a weak jobs report. US payrolls fell 23,000 in July — the first drop in months — but stocks climbed as the softening labour market lifted the odds of Fed rate cuts. On the Gulf, Iran and Oman reached agreement in principle on a Hormuz shipping route, sending oil lower, though Iran cautioned it stops short of a full reopening and excludes the US. Next week the focus turns to July CPI — the test of whether the rate-cut thesis holds.Sun, 09 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-august/https://vaultwealth.com/resources/daily-pour/08-august/Vault Wealth Double Espresso (Saturday recap) for 8 August 2026. A weak jobs report turned into the week's fuel. US payrolls fell 23,000 in July — the first drop in months, against expectations for a gain — yet stocks rallied to cap Wall Street's best week since April, as investors bet the softening labour market would push the Fed toward rate cuts rather than the hikes it flagged two weeks ago. It capped a strong run: records early on de-escalation and AI earnings, a midweek rotation as tech cooled, and a Friday relief rally. On the Gulf, a reopening deal moved closer — Iran and Oman reportedly agreed shipping-route coordinates — though the terms and Iran's public denials leave it unsigned.Sat, 08 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-august/https://vaultwealth.com/resources/daily-pour/07-august/Vault Wealth Double Espresso for Friday, 7 August 2026. Stocks paused ahead of today's payrolls. The S&P slipped 0.18% and the Nasdaq was flat on Thursday as oil gained and Treasury yields rose, with investors cautious before the July jobs report. The labor pre-reads were resilient — jobless claims fell to 199,000, July layoffs dropped 27%, and productivity rose 1.4% with subdued labor costs. But the Gulf optimism cooled: the Iran-Oman shipping-route proposal carries hardline terms — barring US and Israeli vessels, a 20% cargo penalty, and full reopening only once the US lifts its blockade — pushing Brent back toward $83. Today's jobs report is the week's verdict.Fri, 07 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-august/https://vaultwealth.com/resources/daily-pour/06-august/Vault Wealth Double Espresso for Thursday, 6 August 2026. The two-day record run paused on Wednesday. The S&P slipped 0.2% off its high and the Nasdaq fell 0.8% as the crowded AI and chip names cooled — AMD dropped 7% on its sell-the-news reaction. But the market broadened underneath: Eli Lilly rose 4.9% on a beat and raised guidance and Disney 2.2%, lifting healthcare and media. On the Gulf, a concrete step — Iran said it reached an agreement with Oman on a proposed Hormuz shipping route, pushing oil toward $80, though a Houthi attack on a Saudi vessel in the Red Sea tempered the relief. Today brings jobless claims, ahead of Friday's jobs report.Thu, 06 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-august/https://vaultwealth.com/resources/daily-pour/05-august/Vault Wealth Double Espresso for Wednesday, 5 August 2026. The rally rolled to another record on Tuesday. The S&P 500 rose 1.79% and the Nasdaq 2.59%, extending the advance on hopes for progress reopening the Strait of Hormuz and a run of strong earnings — Palantir soared about 30% on what its chief executive called an “otherworldly” quarter. But after the close came a warning sign: AMD fell 8% despite a double beat and a strong outlook, and SpaceX slipped on its market debut even after a Starlink-driven beat. At record highs, the bar is now very high — good results are being sold. Today brings ISM services and Eli Lilly and Disney, all into Friday's jobs report.Wed, 05 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-august/https://vaultwealth.com/resources/daily-pour/04-august/Vault Wealth Double Espresso for Tuesday, 4 August 2026. Monday roared to fresh highs. The S&P 500 closed at a record for the first time, up 1.48%, and the Nasdaq jumped 2.13%, as renewed Iran talks slid oil and a strong ISM manufacturing print — 55.6, its best since 2022 — lifted the growth outlook, with AI and software names leading. Palantir capped the day with a blowout after the bell: 93% revenue growth and a third straight guidance raise sent its shares up 15%. The AI-earnings run continues tonight, with AMD and SpaceX's public-market debut, all building into Friday's jobs report.Tue, 04 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-august/https://vaultwealth.com/resources/daily-pour/03-august/Vault Wealth Cortado week-ahead for Monday, 3 August 2026. The week opens on a more constructive footing. On the Gulf, a diplomatic push is underway — President Trump has agreed to give diplomacy a chance, a move welcomed by Saudi Arabia, building on mediators' proposal for a ceasefire — and oil sits well off its ~$102 peak. On the market, last week's rebound proved the AI build-out is monetising, snapping a two-week skid. Now the macro takes over: Friday's July jobs report is the week's main event, with ISM surveys and a heavy earnings tail — Palantir today, AMD and SpaceX's public debut Tuesday, and Eli Lilly and Disney on Wednesday.Mon, 03 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-august/https://vaultwealth.com/resources/daily-pour/02-august/Vault Wealth Cappuccino weekly wrap for Sunday, 2 August 2026. A wild week ended higher — the S&P 500 up about 1% and the Nasdaq 1.6%, snapping a two-week losing streak — but only after a hawkish, divided Fed drove the worst broad-market day since spring, before Microsoft's record one-day value gain and Amazon's 15% cloud surge powered the rebound. Apple slid 7% on a soft guide, and the Gulf pause frayed with no formal ceasefire in place. Next week the focus turns to the macro: the July jobs report on Friday, with ISM data and a heavy earnings tail — AMD, Palantir, Eli Lilly and Disney — along the way.Sun, 02 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-august/https://vaultwealth.com/resources/daily-pour/01-august/Vault Wealth Double Espresso (Saturday recap) for 1 August 2026. A volatile week finished higher. The S&P 500 rose about 1% and the Nasdaq 1.6%, snapping a two-week losing streak — but only after a violent round trip: a hawkish, divided Fed sank stocks midweek before Microsoft's record one-day value gain and Amazon's 15% surge on booming cloud powered the recovery. Apple was the exception, sliding 7% on soft guidance. Oil firmed again as the Gulf pause frayed. It closes a wild month in which an AI-capex reckoning, an oil shock and a hawkish Fed left the broad indices little changed to lower — even as this week's earnings offered real reassurance.Sat, 01 Aug 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/31-july/https://vaultwealth.com/resources/daily-pour/31-july/Vault Wealth Double Espresso for Friday, 31 July 2026. The market that fell hardest in months roared back on Thursday. The Nasdaq jumped 2.8%, ending a six-day losing streak, and the S&P 500 rose 1.7%, powered by Microsoft's record one-day value gain and a benign data mix — soft Q2 GDP at 1.5% and in-line core PCE at 3.3% that eased the prior day's hawkish-Fed fear. After the close, the megacaps split again: Amazon surged on a 37% jump in cloud revenue, while Apple slid on weak guidance. And the Gulf pause frayed — fresh US strikes on a dozen Iranian targets overnight pushed oil back up.Fri, 31 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-july/https://vaultwealth.com/resources/daily-pour/30-july/Vault Wealth Double Espresso for Thursday, 30 July 2026. The pivotal day went against the market. The Fed held rates at 3.50–3.75%, but a rare 9–3 vote — three members dissenting toward a hike, which Chair Warsh called “a good family fight” — signalled it may be falling behind on inflation. Yields jumped and stocks had their worst broad-market day since April 2025: the S&P fell 1.52%, the Nasdaq 1.74%, and the Nasdaq 100 slipped into a technical correction. After the close the megacaps split — Microsoft jumped on a strong report, while Meta beat on revenue (+27%) but missed on earnings as its AI spending bit. Today brings Q2 GDP and core PCE, then Amazon and Apple — the latter fresh off a $5 trillion first.Thu, 30 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-july/https://vaultwealth.com/resources/daily-pour/29-july/Vault Wealth Double Espresso for Wednesday, 29 July 2026. The rotation the bulls have wanted deepened on Tuesday: the S&P 500 edged higher and value and cyclicals jumped on strong earnings from Coca-Cola and Sherwin-Williams and a second day of falling oil, while the Nasdaq slipped again as semiconductors bled — the chip ETF off more than 3%. Now the market meets its pivot. The Fed decides tonight — a hold is expected, but nearly 40% still price a hike — and Microsoft and Meta report after the close, with Meta carrying a reaffirmed $125–145 billion capital-spending plan straight into the market's AI-spend anxiety.Wed, 29 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-july/https://vaultwealth.com/resources/daily-pour/28-july/Vault Wealth Double Espresso for Tuesday, 28 July 2026. The war premium eased sharply on Monday. After the US and Iran paused their attacks and moved to restart negotiations, Brent fell 6.3% to about $86, unwinding much of its spike. That lifted the broad market — but the Nasdaq still slipped, as the chip and AI selloff pressed on: Nvidia fell 5%, AMD 5% and SanDisk 11%. The split is the story: the geopolitical overhang is easing, the AI-capex re-rating is not — and both meet the year's biggest 48 hours, with the Fed on Wednesday and Microsoft, Meta, Amazon and Apple to follow.Tue, 28 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-july/https://vaultwealth.com/resources/daily-pour/27-july/Vault Wealth Cortado week-ahead for Monday, 27 July 2026. The Federal Reserve decides on Wednesday — a hold is widely expected, but the question is whether a September hike stays on the table as oil spikes — and four of the Magnificent Seven report: Microsoft and Meta on Wednesday, Amazon and Apple on Thursday, the second half of the AI-capex test that sank Alphabet last week. It all lands against a Gulf war that saw its largest strike package over the weekend, even as Oman floated a plan to manage the strait. Brent, having touched $102, sits near $97.Mon, 27 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/26-july/https://vaultwealth.com/resources/daily-pour/26-july/Vault Wealth Cappuccino weekly wrap for Sunday, 26 July 2026. The week delivered a strong economy and a weak tape. US flash PMI hit an eight-month high and the ECB held rates steady, yet the S&P 500 still slipped about 0.6% and the Nasdaq 2.1%, as investors finally put a price on the AI build-out: Alphabet fell 7% despite an 82% jump in cloud revenue, and Tesla dropped 14%. Oil spiked to about $102 before easing to ~$97, and the weekend brought the conflict's largest strike package — even as Oman floated a proposal to manage the strait. Next week: the Fed decides, and Microsoft, Meta and Apple report.Sun, 26 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-july/https://vaultwealth.com/resources/daily-pour/25-july/Vault Wealth Double Espresso (Saturday recap) for 25 July 2026. A strong economy could not save a second straight weekly loss. US flash PMI hit an eight-month high and the ECB held rates steady, but the S&P 500 still slipped about 0.6% and the Nasdaq 2.1%, as the market's focus turned to the cost of the AI build-out: Alphabet fell 7% despite an 82% jump in cloud revenue, while Tesla dropped 14%. Oil rounded a wild trip — Brent spiked to about $102 on Thursday before easing to ~$97 Friday — and the weekend brought the largest escalation yet, with US Central Command launching about 140 strikes on Iran overnight.Sat, 25 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-july/https://vaultwealth.com/resources/daily-pour/23-july/Vault Wealth Double Espresso for Thursday, 23 July 2026. The market's big test came back mixed: Alphabet beat, with cloud revenue up 82%, validating the AI-infrastructure spend and lifting its shares about 2.4% after hours, while Tesla missed on falling revenue and fell 5.4%. Meanwhile oil broke higher — Brent up 3.4% to about $94, an Iran-war high — after fresh US strikes and Secretary of State Rubio said Tehran was "not serious about talks." Stocks had slipped Wednesday ahead of the results; today brings Intel's earnings and the ECB decision.Thu, 23 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-july/https://vaultwealth.com/resources/daily-pour/22-july/Vault Wealth Double Espresso for Wednesday, 22 July 2026. US stocks rebounded on Tuesday — the S&P 500 up 0.89% and the Nasdaq 1.29%, led by chipmakers — as strong early earnings from 3M and General Motors let investors look past the Gulf war. But the real test comes after tonight's close, when Alphabet and Tesla report, with Intel — the direct verdict on whether Big Tech's AI spending is paying off. Oil held near $88 as Iran's president called the conflict a "full-scale war."Wed, 22 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-july/https://vaultwealth.com/resources/daily-pour/21-july/Vault Wealth Double Espresso for Tuesday, 21 July 2026. Brent briefly topped $90 — even $91 — for the first time in this episode, as the US pressed a ninth straight day of strikes on Iran and Iran said it had intercepted four vessels in the strait. Crude then pared to about $88 after Iran's foreign ministry hinted at a diplomatic settlement. US stocks steadied off their lows — the S&P 500 slipped just 0.19% and the Nasdaq closed roughly flat on a modest chip comeback. The market is coiled ahead of Wednesday, when Alphabet and Tesla report — the direct test of the AI-capex fear.Tue, 21 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-july/https://vaultwealth.com/resources/daily-pour/20-july/Vault Wealth Cortado for Monday, 20 July 2026. The Gulf conflict escalated over the weekend: the interim ceasefire collapsed, US strikes continued for successive nights, Iran claimed retaliatory attacks across Gulf states, and Kuwait reported strikes on a power and desalination plant. Brent jumped about 4.6% on Friday to near $88, its highest since mid-June. It sets up a pivotal week — Alphabet and Tesla report Wednesday, the direct test of the AI-capex fear that drove last week's selloff, with the ECB decision and global flash PMIs to follow.Mon, 20 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-july/https://vaultwealth.com/resources/daily-pour/19-july/Vault Wealth Cappuccino weekly wrap for Sunday, 19 July 2026. Markets got a rare double dose of good inflation news — June CPI eased to 3.5% and PPI fell 0.3%, taking a July rate hike off the table — yet stocks still finished lower, the S&P 500 down 1.6% and the Nasdaq 2.9% on the week. An AI and chip selloff, sparked by a competitive new model from China's Moonshot AI and fears that hyperscalers will slow spending, overwhelmed the data; Netflix fell 11%. Over the weekend the Gulf conflict escalated sharply: the interim ceasefire collapsed, US strikes hit Iranian coastal sites for a seventh straight night, and Kuwait reported Iranian attacks on an oil facility. Oil pushed above $86.Sun, 19 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-july/https://vaultwealth.com/resources/daily-pour/18-july/Vault Wealth Double Espresso for Saturday, 18 July 2026. The week handed markets its relief and its rout. Two soft inflation prints — June CPI on Tuesday and PPI on Wednesday — took a July rate hike off the table. Yet stocks still finished lower, the S&P 500 down 1.6% and the Nasdaq 2.9% on the week, as an AI and chip selloff deepened into Friday: a new model from China's Moonshot AI and fears that hyperscalers will spend less on infrastructure hit semiconductors hard, and Netflix fell 11% on a soft outlook. Oil climbed all week on the Strait of Hormuz, and energy was the one bright spot.Sat, 18 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-july/https://vaultwealth.com/resources/daily-pour/17-july/Vault Wealth Double Espresso for Friday, 17 July 2026. The relief rally paused on Thursday: the S&P 500 slipped 0.51% and the Nasdaq 1.47%, as chip stocks fell despite a strong report from TSMC and Alphabet declined on AI jitters. The economy, though, looked solid — June retail sales rose 0.2%, a robust 0.7% excluding petrol, and jobless claims fell to 208,000. Oil steadied near $85 as the Iran conflict rumbled on and strait transits stayed more than 50% below normal.Fri, 17 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-july/https://vaultwealth.com/resources/daily-pour/16-july/Vault Wealth Double Espresso for Thursday, 16 July 2026. June producer prices unexpectedly fell 0.3%, a second soft inflation reading that confirms the cool CPI and cements a July rate hold; stocks edged higher, with the Nasdaq up 0.62% and the S&P 500 0.38%. But June's relief leaned on a 12% drop in gasoline — and oil has since climbed above $80 for a fourth straight session, as reports say President Trump is weighing broader operations against Iran, including a possible move on its main oil-export terminal at Kharg Island.Thu, 16 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-july/https://vaultwealth.com/resources/daily-pour/15-july/Vault Wealth Double Espresso for Wednesday, 15 July 2026. June inflation cooled sharply: headline CPI fell to 3.5% from 4.2%, its biggest monthly drop since 2020, taking a July rate hike off the table. Stocks rose — the Nasdaq up 0.90% and the S&P 500 0.38% — and JPMorgan led a strong bank open with a large earnings beat. But oil surged to a one-month high near $86 as Strait of Hormuz transits plunged more than 50%, a shock that threatens to unwind the very relief the data just delivered.Wed, 15 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-july/https://vaultwealth.com/resources/daily-pour/14-july/Vault Wealth Double Espresso for Tuesday, 14 July 2026. Stocks fell Monday — the S&P 500 down 0.79% and the Nasdaq 1.55% — after President Trump reinstated a blockade on Iranian shipping through the Strait of Hormuz and both the US and Iran claimed control of the waterway; oil jumped to its highest since 22 June and chip names led the retreat. Today the calendar collides: June CPI at 4:30pm GST lands alongside the first Q2 bank earnings, with Chair Warsh's first Congressional testimony to follow.Tue, 14 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-july/https://vaultwealth.com/resources/daily-pour/13-july/Vault Wealth Cortado for Monday, 13 July 2026. Iran declared the Strait of Hormuz closed “until further notice” over the weekend, after a third round of US strikes; US Central Command disputes the closure and says it is acting to keep the waterway open, with the maritime threat level raised to “severe.” Oil rose toward $79. US futures slipped into a heavy week: June CPI on Tuesday, the first Q2 bank earnings, and Chair Warsh's testimony.Mon, 13 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-july/https://vaultwealth.com/resources/daily-pour/12-july/Vault Wealth Cappuccino weekly wrap for Sunday, 12 July 2026. The sharpest escalation of the conflict so far — US strikes on Iran, Iranian strikes on US bases in Gulf states, and Strait of Hormuz traffic down roughly 60% — met a market that rose anyway. The S&P 500 gained 1.23% on the week and the Nasdaq 1.74%, led by a late rebound in AI and chips. Oil rose on the supply risk but held near $76, capped by signs that diplomacy is still alive.Sun, 12 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-july/https://vaultwealth.com/resources/daily-pour/11-july/Vault Wealth Double Espresso for Saturday, 11 July 2026. US stocks finished the week higher — the S&P 500 rose 0.42% on Friday, with Nvidia up about 4% and Meta 6% — even as Iran struck US military bases in Gulf states and the ceasefire creaked. The disruption is now visible in the strait: Hormuz tanker traffic slowed roughly 60% this week. Oil stayed capped near $76, held in check by signals that diplomacy is still alive.Sat, 11 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-july/https://vaultwealth.com/resources/daily-pour/10-july/Vault Wealth Double Espresso for Friday, 10 July 2026. The US struck around 90 targets across Iran early Thursday, and Iran retaliated by targeting Gulf countries — a sharp widening of the conflict. Yet US stocks rose: the S&P 500 gained 0.81% and the Nasdaq 1.30%, led by semiconductors on huge demand for SK Hynix's US share offering, which prices today. Oil stayed elevated near $79, and the resilience rests on a bet that the fighting stays contained.Fri, 10 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-july/https://vaultwealth.com/resources/daily-pour/09-july/Vault Wealth Double Espresso for Thursday, 9 July 2026. President Trump declared the US–Iran ceasefire “over,” said Washington was planning further strikes and floated reimposing a naval blockade on Iranian shipping through Hormuz; the US resumed strikes. Oil jumped again — Brent up 5.2% to $78.02, WTI 4.4% to $73.52 — reviving inflation worries. The Fed minutes, released into the surge, kept a rate hike firmly on the table.Thu, 09 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-july/https://vaultwealth.com/resources/daily-pour/08-july/Vault Wealth Double Espresso for Wednesday, 8 July 2026. Iran attacked three commercial vessels in the Strait of Hormuz on Tuesday, the US launched a “series of powerful strikes” in response, and the Treasury revoked the license that had let Iran sell its oil. Crude jumped more than 5% — Brent above $76, WTI above $72 — reversing the supply-driven slide. Stocks had already slipped as money rotated out of AI names; the Fed minutes now land at 2pm into a risk-off, higher-oil tape.Wed, 08 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-july/https://vaultwealth.com/resources/daily-pour/07-july/Vault Wealth Double Espresso for Tuesday, 7 July 2026. The AI trade came back to open the second half: AMD jumped 6.6% and Broadcom 3.7%, lifting the Nasdaq 1.12% and the S&P 500 0.72% to fresh records on Monday. Oil kept falling — an OPEC+ output hike landed on top of Iran's returning barrels, leaving Brent near $72. Funeral-week rhetoric out of Israel kept the truce fragile, and Wednesday's Fed minutes are the week's pivot.Tue, 07 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-july/https://vaultwealth.com/resources/daily-pour/06-july/Vault Wealth Cortado for Monday, 6 July 2026. US markets reopen after the Independence Day break in a subdued summer mood, with equity futures little changed and oil holding near multi-month lows in the low-$70s. The week's pulse is elsewhere: Iran holds the largest day of Ali Khamenei's state funeral in Tehran today, the US–Iran talks stay paused until after the July 9 burial, and Israel continues to strike Lebanon. Wednesday's Fed minutes are the key data point.Mon, 06 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-july/https://vaultwealth.com/resources/daily-pour/05-july/Vault Wealth Cappuccino weekly wrap for Sunday, 5 July 2026. Stocks regained most of the prior week's AI-derating drop — the S&P 500 rose 1.8% and the Nasdaq 2.1% — but leadership shifted, with value and quality names leading to fresh highs while chipmakers turned volatile and faded late. A weak June jobs report pushed the market's expected Fed hike from October to December, and the US–Iran talks paused for a week of funeral rites.Sun, 05 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-july/https://vaultwealth.com/resources/daily-pour/04-july/Vault Wealth Double Espresso for Saturday, 4 July 2026. With US markets closed for Independence Day, the week's pivot is geopolitical: Iran today begins a seven-day state funeral for Ali Khamenei — the supreme leader killed in the war's opening strike in February, whose son Mojtaba has led since March — and the US–Iran talks are paused until it ends on July 9. The Doha round made positive progress, but the fight over whether Iran can charge ships to cross Hormuz is unresolved; oil fell for a third straight day.Sat, 04 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-july/https://vaultwealth.com/resources/daily-pour/03-july/Vault Wealth Double Espresso for Friday, 3 July 2026. The US economy added just 57,000 jobs in June — about half the ~110,000 expected, and the weakest in four months, with April and May revised down by a combined 74,000. Unemployment slipped to 4.2%, but only because people left the workforce. Markets read it as Fed-friendly: traders pushed the expected rate hike from October to December, lifting value and cyclicals even as tech lagged. US markets are closed today for Independence Day.Fri, 03 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-july/https://vaultwealth.com/resources/daily-pour/02-july/Vault Wealth Double Espresso for Thursday, 2 July 2026. June payrolls land at 8:30am ET, forecast near 110,000 — down from May's 172,000 — with unemployment seen holding at 4.3%. The set-up leans cool: private payrolls (ADP) rose just 98,000 and ISM manufacturing eased. Stocks slipped on Wednesday as chipmakers took profits after an 80% first-half run, though Meta jumped 9% on a cloud pivot. Markets are closed Friday for Independence Day.Thu, 02 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-july/https://vaultwealth.com/resources/daily-pour/01-july/Vault Wealth Double Espresso for Wednesday, 1 July 2026. Chipmakers ripped on Tuesday — AMD up 7.7%, SanDisk 10.9%, Intel 6% — lifting the Nasdaq 1.52% and fully reversing last week's derating. It closed the best quarter for US stocks since 2020: the S&P 500 rose about 14% and the Nasdaq around 20% in Q2. The US–Iran talks in Doha, meanwhile, snagged on whether Iran can charge ships to use the Strait of Hormuz; ADP and ISM data land today, ahead of Thursday's jobs report.Wed, 01 Jul 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-june/https://vaultwealth.com/resources/daily-pour/30-june/Vault Wealth Double Espresso for Tuesday, 30 June 2026. The Nasdaq jumped 2.07% and the S&P 500 1.18% on Monday, snapping a five-day losing streak as oversold AI names rebounded and the US–Iran stand-down eased nerves. Both sides halted the weekend's tit-for-tat attacks, and technical talks on the interim deal resume in Doha today; oil firmed but stayed well off the war highs, with Brent at $73.15. Today closes the books on the second quarter, with the jobs report on Thursday.Tue, 30 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-june/https://vaultwealth.com/resources/daily-pour/29-june/Vault Wealth Cortado for Monday, 29 June 2026. The US struck Iranian military targets over the weekend after Iran hit shipping in the Strait of Hormuz, before both sides signalled a stand-down with talks set to continue and vessels to move freely. Oil bounced on the flare-up, yet US futures still rose — the S&P up 0.4% — a tentative bid after the worst week for tech in months. The June jobs report lands Thursday, a day early, in a holiday-shortened week.Mon, 29 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-june/https://vaultwealth.com/resources/daily-pour/28-june/Vault Wealth Cappuccino weekly wrap for Sunday, 28 June 2026. The Nasdaq fell 4.6% over five straight sessions as investors backed away from stretched AI valuations and a wobbling IPO pipeline — yet the broad market held up, with the S&P 500 down only about 2%. Underneath, the macro quietly improved: May inflation peaked in line, the 10-year yield fell to its lowest since mid-May, and oil erased its entire war premium with Brent under $73.Sun, 28 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-june/https://vaultwealth.com/resources/daily-pour/27-june/Vault Wealth Double Espresso for Saturday, 27 June 2026. Friday capped a bruising week for the AI trade: the Nasdaq fell for a fifth straight session, down 4.6% on the week, after a report that OpenAI may delay its IPO to 2027 unsettled an already-jittery tech market. Yet the broad market held up far better — the S&P 500 fell only about 2% — and the backdrop improved: May inflation peaked in line, the 10-year yield eased, and oil's war premium has gone, with Brent under $73.Sat, 27 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/26-june/https://vaultwealth.com/resources/daily-pour/26-june/Vault Wealth Double Espresso for Friday, 26 June 2026. May PCE rose to 4.1% year-on-year, the highest since 2023, but the monthly pace came in below forecast and the 10-year yield fell to its lowest since mid-May — a hot print, yet no worse than feared. Oil erased its wartime gains, with Brent under $73 as tankers cleared Hormuz. Even so, the Nasdaq fell for a fourth straight day as Apple dropped 6% on price increases, overshadowing a 17% surge in Micron.Fri, 26 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-june/https://vaultwealth.com/resources/daily-pour/25-june/Vault Wealth Double Espresso for Thursday, 25 June 2026. May PCE lands at 8:30am ET, forecast at +4.1% year-on-year and widely expected to mark this year's inflation peak. Yet the forces behind it are already turning: oil cratered on Wednesday, with Brent down 4.33% to $73.74 as the war premium drains. And after the bell Micron blew past estimates and jumped about 15%, challenging the chip-rout narrative that has gripped the week. Stocks steadied into the print — the S&P 500 slipped just 0.10%.Thu, 25 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-june/https://vaultwealth.com/resources/daily-pour/24-june/Vault Wealth Double Espresso for Wednesday, 24 June 2026. A semiconductor rout deepened Monday's tech wobble into a genuine derating: the Philadelphia Semiconductor Index fell about 8% as a memory-chip slump in Asia spread to Wall Street, dragging the Nasdaq down 2.21% and the S&P 500 1.44%, with defensives cushioning the lows. In Washington, the US–Iran talks kept progressing — Oman opened a temporary Strait of Hormuz corridor — but stayed fragile. Thursday's PCE now lands into a jumpier tape.Wed, 24 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-june/https://vaultwealth.com/resources/daily-pour/23-june/Vault Wealth Double Espresso for Tuesday, 23 June 2026. Monday split the market: a mega-cap AI selloff dragged the Nasdaq down 1.32% — Alphabet fell 6.5%, its worst day in a year, after two senior AI researchers left for rivals — while the Russell 2000 closed above 3,000 for the first time as money rotated into small-caps. The US–Iran talks in Switzerland produced a roadmap and a Hormuz coordination mechanism, and move to Washington this week; oil eased. Thursday's PCE is the next test.Tue, 23 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-june/https://vaultwealth.com/resources/daily-pour/22-june/Vault Wealth Cortado for Monday, 22 June 2026. Days after the interim memorandum, the truce is wobbling: Iran declared the Strait of Hormuz closed again over alleged Israeli ceasefire violations in Lebanon and tied the Switzerland talks to them, while the US insists traffic is still flowing. Brent bounced to about $80.6 on Friday as the Geneva talks were postponed; US futures slipped Sunday ahead of Thursday's PCE inflation report, the week's pivot.Mon, 22 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-june/https://vaultwealth.com/resources/daily-pour/21-june/Vault Wealth Cappuccino weekly wrap for Sunday, 21 June 2026. Two regime shifts pulled opposite ways: the Fed's first dot plot under Kevin Warsh now implies a 2026 hike, not a cut, while an interim US–Iran memorandum reopened the Strait of Hormuz and sent Brent to multi-month lows near $77. Yet stocks still finished higher — the S&P 500 +0.9% (an 11th winning week in 12) and the Nasdaq +2.4% — before the Juneteenth holiday closed US markets Friday.Sun, 21 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-june/https://vaultwealth.com/resources/daily-pour/20-june/Vault Wealth Double Espresso for Saturday, 20 June 2026. The US and Iran have signed a memorandum of understanding — an interim, non-binding step toward ending the war, not a final deal; the substantive nuclear talks have yet to begin. Hormuz is set to reopen, but executives warn it will take weeks to clear the ~600 vessels stranded by the war; Brent sits at multi-month lows near $77. With US markets closed Friday for Juneteenth, Thursday's chip-led rebound — Nasdaq +1.9%, S&P 500 +1.1% — is the latest print ahead of next Thursday's PCE report.Sat, 20 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-june/https://vaultwealth.com/resources/daily-pour/19-june/Vault Wealth Double Espresso for Friday, 19 June 2026. The US and Iran sign their accord in Switzerland today, reopening the Strait of Hormuz and freeing Iranian oil sales; Brent slid about 3% to multi-month lows near $77. US equity and bond markets are closed for Juneteenth, so Thursday's rebound — Nasdaq +1.9%, S&P 500 +1.1%, led by chips — stands as the latest print.Fri, 19 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-june/https://vaultwealth.com/resources/daily-pour/18-june/Vault Wealth Double Espresso for Thursday, 18 June 2026. The Fed held rates 12-0 in Kevin Warsh's first meeting, but the new dot plot turned hawkish: the median 2026 projection now implies a hike, not a cut. Equities fell (S&P 500 −1.21%, Nasdaq −1.34%), front-end yields jumped and the dollar firmed. The US–Iran deal is set to sign Friday, reopening the Strait of Hormuz for mine clearance.Thu, 18 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-june/https://vaultwealth.com/resources/daily-pour/17-june/Vault Wealth Double Espresso for Wednesday, 17 June 2026. Tuesday was a rotation day before the Fed: the Dow set a fresh record above 52,000 (+0.64%) while the Nasdaq slipped 1.15% to 26,376.34 and the S&P eased to 7,548.60 as megacap tech cooled. Brent fell to $78.82, the lowest since early March, as the first vessels began moving through Hormuz. The FOMC decision and Kevin Warsh's first dot plot land today at 14:00 ET; the BoJ raised rates to 1% overnight.Wed, 17 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-june/https://vaultwealth.com/resources/daily-pour/16-june/Vault Wealth Double Espresso for Tuesday, 16 June 2026. Monday delivered the strongest US-equity rally of 2026: the Dow set a record close at 51,672.66 (+469 pts), the S&P +1.65% to 7,554.29, the Nasdaq +3.07% led by chips (Nvidia +6.4%). WTI collapsed −7.18% to $77.50, the lowest since mid-April, on Sunday's Iran-US peace deal. The FOMC two-day meeting begins today; the decision and new dot plot land tomorrow at 14:00 ET.Tue, 16 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-june/https://vaultwealth.com/resources/daily-pour/15-june/Vault Wealth Cortado for Monday, 15 June 2026. Trump announced Sunday the US and Iran reached an agreement to end the war — formal signing ceremony Friday 19 June in Switzerland. US futures gapped higher (Dow +440 pts, S&P +1.14%, Nasdaq +1.79%); Asia rallied (Kospi +5.1%, Nikkei +3.6%); WTI −4.77% to $80.83, Brent −4% to $83.77. The G7 opens Monday at Évian; the FOMC meets Tue-Wed; the formal Iran signing closes the week Friday.Mon, 15 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-june/https://vaultwealth.com/resources/daily-pour/14-june/Vault Wealth Cappuccino weekly wrap for Sunday, 14 June 2026. The S&P added 0.7% in a week dominated by Wednesday's risk-off (Dow −953 pts) and the Thursday-Friday recovery on Trump's strike suspension and an Iran-deal G7 signal. Brent fell 10.9% to $86.30. SpaceX listed at $161.11 (+19.3%) — the largest IPO ever. The ECB hiked for the first time since 2023. This week: G7 summit and the FOMC.Sun, 14 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-june/https://vaultwealth.com/resources/daily-pour/13-june/Vault Wealth Double Espresso for Saturday, 13 June 2026. US equities rallied to close the week (Dow +354 pts, S&P +0.5%, Nasdaq +0.3%) on rising expectations an Iran-US peace deal could sign at the G7 summit in Évian, France (15-17 June). Brent fell 3% to $86.30, a six-week low. SpaceX debuted at $161.11 (+19.3%), the largest IPO in market history. The FOMC follows 16-17 June.Sat, 13 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-june/https://vaultwealth.com/resources/daily-pour/12-june/Vault Wealth Double Espresso for Friday, 12 June 2026. Thursday saw US equities recover modestly (Dow +0.5%, S&P +0.3%, Nasdaq +0.4%) after Trump suspended planned strikes against Iran and signalled a deal could sign in Europe this weekend; Brent fell 4% to ~$89. The ECB delivered its first hike since 2023 to 2.25%; US PPI ran hot. Adobe beat and raised after the close; the pre-FOMC blackout begins today.Fri, 12 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-june/https://vaultwealth.com/resources/daily-pour/11-june/Vault Wealth Double Espresso for Thursday, 11 June 2026. Wednesday's CPI landed broadly in line (4.2% headline / 2.9% core YoY; core MoM softer) but equities sold off hard — Dow −953 pts (−1.87%), S&P −1.62%, Nasdaq −1.98% — as Trump said Iran talks were 'taking too long.' Oracle beat but its FY26 cash burn sent shares −7% AH. Today: ECB decision at 08:15 ET (first hike of cycle to 2.25%), US PPI, Adobe Q2.Thu, 11 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-june/https://vaultwealth.com/resources/daily-pour/10-june/Vault Wealth Double Espresso for Wednesday, 10 June 2026. Tuesday saw another session of declines (S&P −0.26%, Nasdaq −0.97%, tech down nearly 2%) as Trump confirmed Iran downed a US helicopter and the US struck Iranian radar sites near Hormuz. Today's 08:30 ET May CPI release (cons 4.2% headline / 2.8% core YoY) is the macro inflection; Oracle reports after the close.Wed, 10 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-june/https://vaultwealth.com/resources/daily-pour/09-june/Vault Wealth Double Espresso for Tuesday, 9 June 2026. Chip names led a modest Monday recovery — Micron +9.8%, Nvidia +2% — but the broader bid was shallow. Iran fired ballistic missiles at Kuwait and Bahrain while Trump pushed for a ceasefire and kept the US blockade in place. Wednesday's May CPI (cons 4.2% headline / 2.8% core YoY) is the macro inflection for the September-cut conversation.Tue, 09 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-june/https://vaultwealth.com/resources/daily-pour/08-june/Vault Wealth Cortado for Monday, 8 June 2026. Sunday-night futures softer after Friday's 172k payrolls shock cut the September-cut probability to ~55% and triggered a $1T semiconductor selloff. Trump returned the Iran MOU draft Saturday with tougher demands; Tehran threatens to halt talks and block Hormuz. Wednesday's May CPI is the macro test; the FOMC follows 16-17 June.Mon, 08 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-june/https://vaultwealth.com/resources/daily-pour/07-june/Vault Wealth Cappuccino weekly wrap for Sunday, 7 June 2026. May payrolls landed at 172k versus 80k consensus — the biggest upside surprise in over a year — sending the Nasdaq −4.18% (worst session since April 2025), the 10-year through 4.5% to 4.54%, and roughly $1 trillion out of the chip complex. The 9-week S&P winning streak snapped; the Iran MOU was returned to Tehran with tougher demands.Sun, 07 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-june/https://vaultwealth.com/resources/daily-pour/06-june/Vault Wealth Double Espresso for Saturday, 6 June 2026. Friday's May payrolls surprise (172,000 jobs vs 80,000 consensus) pushed Treasury yields above key levels and triggered a sharp semiconductor selloff, with the Nasdaq down 4.18%. The September rate-cut probability collapsed from 70% to ~55%; the 17-18 June FOMC is the next major Fed signal.Sat, 06 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-june/https://vaultwealth.com/resources/daily-pour/05-june/Vault Wealth Double Espresso for Friday, 5 June 2026. Thursday saw a partial recovery as the Iran-US strike pulse paused, with the S&P adding 0.41% and oil easing below $97. Today's May payrolls release at 08:30 ET is the single most-watched macro event of the month for the September rate-cut conversation.Fri, 05 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-june/https://vaultwealth.com/resources/daily-pour/04-june/Vault Wealth Double Espresso for Thursday, 4 June 2026. The S&P 500's nine-day winning streak snapped after Iran struck Kuwait and Bahrain and the US hit Qeshm Island; oil rose and yields climbed on hot ISM Services prices. Broadcom posted record AI revenue but guided light; CrowdStrike fell 10%. Friday's payrolls is the binary.Thu, 04 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-june/https://vaultwealth.com/resources/daily-pour/03-june/Vault Wealth Double Espresso for Wednesday, 3 June 2026. Tuesday brought three more record closes as Marvell jumped 33% on Nvidia CEO Jensen Huang's Computex remarks and April job openings beat by more than 750,000. The September rate-cut conversation now hinges on Friday's payrolls; CrowdStrike's earnings are the next AI confirmation.Wed, 03 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-june/https://vaultwealth.com/resources/daily-pour/02-june/Vault Wealth Double Espresso for Tuesday, 2 June 2026. Monday closed with the S&P 500, Nasdaq and Dow all at fresh all-time highs as NVIDIA's RTX Spark Superchip and HPE's after-hours blowout reinforced the AI investment story. Brent rose 5% on a weekend US-Iran strike exchange; the MOU is back in Trump's review.Tue, 02 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-june/https://vaultwealth.com/resources/daily-pour/01-june/Vault Wealth Cortado for Monday, 1 June 2026. The Iran MOU sits at 95% but slipped a third weekend as Trump asked his negotiators not to rush. Sunday-night futures are higher after May's strongest equity month of 2026; HPE earnings tonight and the May NFP print Friday anchor a full five-session week.Mon, 01 Jun 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/31-may/https://vaultwealth.com/resources/daily-pour/31-may/Vault Wealth Cappuccino weekly + monthly wrap for Sunday, 31 May 2026. Nasdaq +8%, S&P +5%, Dow +3% (above 51,000 for the first time), Brent −19% (worst month since the pandemic). Core PCE softened to 3.3% YoY; the supercore at 3.05% is a cycle low. The Iran MOU sat at 95% completed but Trump ended Friday's Situation Room meeting without his final determination.Sun, 31 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-may/https://vaultwealth.com/resources/daily-pour/30-may/Vault Wealth Double Espresso weekend wrap for Saturday, 30 May 2026. Friday saw the Dow above 51,000 for the first time and the S&P notch its 9th consecutive weekly gain. May was the strongest equity month of 2026 (Nasdaq +8%, S&P +5%, Dow +3%) and the worst commodity month since 2020 (Brent −19%). Iran MOU 95% complete but unsigned; the weekend catalyst is the signature.Sat, 30 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-may/https://vaultwealth.com/resources/daily-pour/29-may/Vault Wealth Double Espresso for Friday, 29 May 2026. Thursday's core PCE landed at 3.3% YoY (vs 3.8% cons) — biggest downside surprise in over a year; supercore 3.05%, a cycle low. S&P and Nasdaq closed at fresh records. US-Iran 60-day truce wording reached; Trump signature pending. Snowflake +36% AH on a $6B AWS deal.Fri, 29 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-may/https://vaultwealth.com/resources/daily-pour/28-may/Vault Wealth Double Espresso for Thursday, 28 May 2026. Wednesday's Dow record close (50,644.28); Dell after-hours +4.5% on a record $43B AI-server backlog and ~$50B FY27 AI guide. Brent fell more than 4.5% intraday on Iran's pre-war Hormuz commitment. Friday's April core PCE is the macro anchor of the week.Thu, 28 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-may/https://vaultwealth.com/resources/daily-pour/27-may/Vault Wealth Double Espresso for Wednesday, 27 May 2026. Tuesday's first post-Memorial Day cash session printed ATHs on the S&P (7,519.12) and Nasdaq (26,656); Micron surged 19% to top $1T and become the fifth chip name in the trillion-dollar club. Dell, HP, Salesforce and Marvell report after the close tonight. Eid Mubarak.Wed, 27 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/26-may/https://vaultwealth.com/resources/daily-pour/26-may/Vault Wealth Double Espresso for Tuesday, 26 May 2026. Memorial Day futures hit fresh records on the framework headlines; Brent fell $13 then rebounded $6 overnight on US self-defence strikes. Conf Board confidence at 10:00 ET; Dell + AI complex earnings Wednesday; PCE Friday.Tue, 26 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-may/https://vaultwealth.com/resources/daily-pour/25-may/Vault Wealth Cortado for Monday, 25 May 2026. Trump says the framework is days away — 60-day Hormuz re-opening, Iran clears the mines, US lifts the blockade. US markets closed today for Memorial Day; full reopen Tuesday. PCE Friday is the data anchor of the week.Mon, 25 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-may/https://vaultwealth.com/resources/daily-pour/24-may/Vault Wealth Cappuccino weekly wrap for Sunday, 24 May 2026. A 19-year high in yields, two consecutive Dow record closes, an oil retreat of 8% from the Tuesday peak, and a Saturday-evening Trump remark that an Iran MOU is "largely negotiated." Memorial Day Monday closed; full reopen Tuesday.Sun, 24 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-may/https://vaultwealth.com/resources/daily-pour/23-may/Vault Wealth Double Espresso for Saturday, 23 May 2026. The week closed with the Dow at a second straight record (50,579.70), the S&P at a five-week high, and oil bouncing into the long weekend on a Qatari mediation mission to Tehran. Deere beat Q2 by 15% — inflated by a $272m tariff refund. Treasuries closed early Friday; markets reopen Tuesday.Sat, 23 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-may/https://vaultwealth.com/resources/daily-pour/22-may/Vault Wealth Double Espresso for Friday, 22 May 2026. The Dow closed Thursday at 50,285.66 — its first record close since February. WTI fell 1.92% to $96.35; Brent 2.10% to $102.58. US-Iran deal hopes pulled oil lower; the Russell 2000 led equities for the first time in five sessions. NVDA gave back 1.8% post-earnings; Walmart -2% on a soft FY27 guide. Treasuries close early ahead of Memorial Day weekend.Fri, 22 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-may/https://vaultwealth.com/resources/daily-pour/21-may/Vault Wealth Double Espresso for Thursday, 21 May 2026. NVDA Q1 FY27 revenue $44.06B (+69% YoY), Data Center $39.1B, Q2 guide $78B against a $76B street — even with a $4.5B H20 charge. Target and Lowe's both beat-and-raised. The 30-year Treasury auction at 13:00 ET is the day's binary; long-end has eased off Tuesday's 5.19% peak.Thu, 21 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-may/https://vaultwealth.com/resources/daily-pour/20-may/Vault Wealth Double Espresso for Wednesday, 20 May 2026. The 30-year Treasury punched through 5.10% intraday to a 19-year peak of 5.19% — the first such reading since August 2007. Equities posted a third straight losing session; small caps the worst hit. FOMC minutes today at 14:00 ET (last under Powell); 10-year Treasury auction at 13:00 ET; Lowe's, Target, TJX earnings.Wed, 20 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-may/https://vaultwealth.com/resources/daily-pour/19-may/Vault Wealth Double Espresso for Tuesday, 19 May 2026. After Monday's cash close, Trump called off the planned Tuesday Iran strike at the request of Saudi Arabia, Qatar and the UAE. Brent retraced from $112 to $109.09 (−2.7%); the 10-year yield punched to a fresh one-year high of 4.61% into a heavy Treasury auction week. Warsh was formally sworn in as the 17th Fed Chair.Tue, 19 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-may/https://vaultwealth.com/resources/daily-pour/18-may/Vault Wealth Cortado for Monday, 18 May 2026. A new Fed Chair, a closed Strait, and a Tuesday White House meeting on military options — three threads define the week ahead.Mon, 18 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-may/https://vaultwealth.com/resources/daily-pour/16-may/Vault Wealth Double Espresso for Saturday, 16 May 2026. Friday reversed Thursday's records run in a single session — S&P −1.24% to 7,408.50, Nasdaq −1.54% to 26,225.14, Dow −1.07% to 49,526.17. Chips led the selling (NVDA −4.4%, AMD −5.7%, MU −6.6%, Cerebras −10%). Brent +3.10% to $109.26 as Trump escalated on Iran and Hormuz upgraded to CLOSED.Sat, 16 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-may/https://vaultwealth.com/resources/daily-pour/15-may/Vault Wealth Double Espresso for Friday, 15 May 2026. S&P at 7,501.24 (+0.77%) and Nasdaq at 26,635.22 (+0.88%) — both fresh ATHs for the second straight session. Dow recaptured 50,000 (50,063.46, +0.75%) for the first time since the Iran war began. Applied Materials beat-and-raised; Powell's term as Chair ends today.Fri, 15 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-may/https://vaultwealth.com/resources/daily-pour/14-may/Vault Wealth Double Espresso for Thursday, 14 May 2026. April PPI +6.0% YoY — biggest since Dec 2022 — yet the S&P closed at 7,444.25 and the Nasdaq at 26,402.34, both fresh ATHs on tech leadership. The 10-year pulled back to 4.47% on flight-to-quality; the 30-year held above 5.00%. Warsh confirmed Fed Chair 54–45; Powell exits today.Thu, 14 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-may/https://vaultwealth.com/resources/daily-pour/13-may/Vault Wealth Double Espresso for Wednesday, 13 May 2026. April CPI printed +0.6% MoM and +3.8% YoY — highest since May 2023. Energy did over 40% of the work; gasoline alone ran +18.5%. The 10-year ripped 10 bps to 4.58%, a 1-year high. Warsh confirmed to the Fed board 51–45 last night; the Senate Chair vote is on the calendar today.Wed, 13 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/12-may/https://vaultwealth.com/resources/daily-pour/12-may/Vault Wealth Double Espresso for Tuesday, 12 May 2026. Trump declared the Iran ceasefire "on life support" Monday afternoon. Brent settled +3% at $104.30. The S&P, Nasdaq and Russell all closed at fresh ATHs anyway. Today: Warsh's full-Senate vote, the 30-year holding above 5.05%, and a CPI print 24 hours out.Tue, 12 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-may/https://vaultwealth.com/resources/daily-pour/11-may/Vault Wealth Cortado for Monday, 11 May 2026. Tehran's written response reached Washington via Pakistan Saturday — uranium transfer offered, facility dismantlement refused. Trump called it 'totally unacceptable'. Brent +3.5% in Sun-night futures, US futures −0.3%, KOSPI opened at a fresh ATH. Vol. 9 starts at the wrong end of the regime gauge.Mon, 11 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-may/https://vaultwealth.com/resources/daily-pour/10-may/Vault Wealth Cappuccino for Sunday, 10 May 2026 — the Vol. 8 wrap. Three S&P records in five sessions, the Nasdaq's biggest week since November (+4.86%), Brent's −5.91% round-trip from a Monday Hormuz spike, an Iran written response now overdue on the 1-page MoU, a hot April NFP print, and Powell's measured Hoover valedictory.Sun, 10 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-may/https://vaultwealth.com/resources/daily-pour/09-may/Vault Wealth Double Espresso Saturday recap for 09 May 2026. April payrolls printed +115K vs 65K consensus, the S&P closed at 7,398.93 and the Nasdaq at 26,247.08 — fresh all-time highs for the third time in five sessions. VIX collapsed to 13.78. AMD finished the week +25%; SOX +7.4%. Brent ended −6% on the week despite a +1% Friday lift on a tanker incident. The US disabled two Iranian tankers; the UAE intercepted a second salvo. The April-8 ceasefire formally held.Sat, 09 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-may/https://vaultwealth.com/resources/daily-pour/08-may/Vault Wealth Double Espresso for Friday, 08 May 2026. The 48-hour Iran response window passed without a reply. Brent gave up another 4% to $103.40 as deal-fade priced in, the S&P slipped 0.38% from Wednesday's all-time high, NVDA printed a fresh ATH on the AMD read-through, and Powell takes the podium at 14:00 ET for what is widely expected to be his final public remarks before the 15 May handover.Fri, 08 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-may/https://vaultwealth.com/resources/daily-pour/07-may/Vault Wealth Double Espresso for Thursday, 07 May 2026. A 1-page MoU framework, $715B of 2026 hyperscaler capex, and a chip designer that just guided +46% YoY into Q2. The S&P printed back-to-back records at 7,365.12, the Nasdaq punched through 25,800 on its biggest day in six weeks, and AMD ripped 18.61% — its largest single-session move since 2022. Trump's bombing threat sits in the background; markets have decided to discount it.Thu, 07 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-may/https://vaultwealth.com/resources/daily-pour/06-may/Vault Wealth Double Espresso for Wednesday, 06 May 2026. A 24-hour round-trip: Brent gave back nearly all of Monday’s spike, the S&P printed a fresh ATH at 7,259.22, the VIX collapsed −10.8% to 15.92, and AMD’s Q1 blowout (data-centre +57% YoY, Q2 guide $11.2bn) reignited the AI capex thesis after the close.Wed, 06 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/05-may/https://vaultwealth.com/resources/daily-pour/05-may/Vault Wealth Double Espresso for Tuesday, 05 May 2026. UAE air defences engaged a 19-projectile salvo; the US Navy sank six Iranian boats in the Strait under 'Project Freedom'. Brent +5.8% to $114.44, S&P −0.41% to 7,200.75 — a clean risk-off open to May. Hormuz throughput collapsed back into single digits.Tue, 05 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/04-may/https://vaultwealth.com/resources/daily-pour/04-may/Vault Wealth Cortado for Monday, 04 May 2026. Vol. 8 opens with one developing diplomatic input and a forward-loaded earnings calendar. Iran sent an updated peace proposal to Pakistani mediators late Friday; Trump replied 'not satisfied'. Sunday-night futures point modestly lower; Brent above $109. The week ahead is light Mon–Wed, then Friday's April NFP. Three scenarios mapped inside.Mon, 04 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-may/https://vaultwealth.com/resources/daily-pour/03-may/Vault Wealth Aperitif for Sunday, 03 May 2026 — a reflective weekly review that closes Vol. 7. Five winning weeks running, the S&P's strongest month since 2020, and an unusually shock-rich middle: an 8–4 FOMC dissent (most contested since 1992), a Mag-4 capex split that resolved on quality, Apple's Q2 record + $100bn buyback, and a Brent round-trip from $107 through a $126 wartime high to $108 as Iran's peace proposal hit the wires.Sun, 03 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-may/https://vaultwealth.com/resources/daily-pour/02-may/Vault Wealth Saturday recap for 02 May 2026. Friday added a fifth consecutive winning week. S&P +0.29% to a fresh ATH 7,230.12; Nasdaq +0.89% to 25,114.44 (also fresh ATH); Dow eased −0.31%. Apple jumped +3% on Q2 FY26 revenue $111.2bn (+17% y/y), iPhone $56.99bn (+22%), services a record $30.98bn, plus a $100bn buyback authorisation. Brent fell to $108.17 (−1.7%) on a fresh Iran peace proposal.Sat, 02 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-may/https://vaultwealth.com/resources/daily-pour/01-may/Vault Wealth Double Espresso for Friday, 01 May 2026. April closed at a record — S&P +1.02% to a fresh ATH 7,209.01, the strongest month since 2020. Apple delivered a clean Q2 FY26 beat (rev $111.18bn, EPS $2.01, services $30.98bn); AAPL AH +1.9%. Brent had a wild round-trip Thursday — peaked $126 intraday on Trump's blockade language, closed $114.01 (-3.4%). Q1 GDP soft (+2.0%), March core PCE warm (+0.3% m/m). Today: April NFP, ISM Manufacturing, UAE first day outside OPEC.Fri, 01 May 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-april/https://vaultwealth.com/resources/daily-pour/30-april/Vault Wealth Double Espresso for Thursday, 30 April 2026. Wednesday delivered the Mag-4 capex split: Alphabet +6% AH and Amazon +4% AH cleared the bar; Meta -7% AH and Microsoft drifted on capex investors read as overspend. Combined Mag-4 2026 commitment ~$615-680bn. FOMC held 8-4 (first 4-vote dissent since Oct 1992); Powell announced he stays on the Board. Today: Q1 GDP and March core PCE pre-market; Apple after-close. Chart of the day: Mag-7 capex dispersion - prior vs new guide ranges with after-hours moves.Thu, 30 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/29-april/https://vaultwealth.com/resources/daily-pour/29-april/Vault Wealth Double Espresso for Wednesday, 29 April 2026. Three shocks broke the record streak Tuesday: a WSJ report on OpenAI missing its revenue and user targets cracked the AI bid (NVDA -3.3%, AMD -5.5%, ARM -7.4%); the UAE announced it will exit OPEC effective May 1; and Trump rejected Iran's Hormuz peace proposal, sending Brent above $111. S&P -0.49%, Nasdaq -0.90%, VIX +11%. Tonight: Powell's last FOMC and four Mag-7 prints. Chart of the day: Tuesday's three shocks rendered as an intraday timeline.Wed, 29 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/28-april/https://vaultwealth.com/resources/daily-pour/28-april/Vault Wealth client briefing for Tuesday, 28 April 2026. Quiet records into the heaviest week of the year — S&P +0.12% to 7,173.91 and Nasdaq +0.20% to 24,887.10, both fresh records, even as Brent peaked at $108 on the cancelled Pakistan trip and Iran reportedly submitted a new Hormuz proposal. FOMC begins today; Powell's last press conference Wednesday. Mag-7 wall (MSFT/GOOG/META/AMZN Wed, AAPL Thu); tonight: AMD, Visa, Spotify, Booking, Snap. Chart of the day: Brent's eight-week journey from $70 to $107.Tue, 28 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-april/https://vaultwealth.com/resources/daily-pour/27-april/Vault Wealth Monday weekend wrap for Monday, 27 April 2026. Trump cancelled the Witkoff-Kushner Pakistan trip Saturday after Iran 'offered a lot, but not enough'. IRGC boarded two more container ships; Brent +2% to above $107 in Sunday-night futures, US equity futures -0.3%. Last week the S&P closed at a record (+0.55% to 7,165.08) on Intel's best day since 1987. The week ahead: Powell's last FOMC, five Mag-7 prints in two days, GDP, PCE, NFP and ISM Manufacturing. Three scenarios mapped inside.Mon, 27 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-april/https://vaultwealth.com/resources/daily-pour/25-april/Vault Wealth client briefing for Saturday, 25 April 2026. Friday closed at fresh records — S&P +0.80% to 7,165.08, Nasdaq +1.63% to 24,836.60 — on Intel's biggest single-day gain since October 1987 and an 18-session win streak in semis. Brent broke $105 even as Witkoff and Kushner flew to Pakistan for direct Iran talks. DOJ dropped its criminal probe of Fed Chair Powell, clearing Warsh's confirmation path. Mag-7 earnings wall lands Wed-Thu next week.Sat, 25 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-april/https://vaultwealth.com/resources/daily-pour/24-april/Vault Wealth client briefing for Friday, 24 April 2026. Thursday broke the streak — S&P −0.41%, Nasdaq −0.89% as software led the decline and Iran said it would mine Hormuz. Energy +3%, Tech −1.4% — textbook supply-shock fingerprint. US flash PMI printed cyclical reacceleration (mfg 54.0, best since May 2022) and Texas Instruments had its largest single-day gain in 25 years. Mag-7 earnings land next week.Fri, 24 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-april/https://vaultwealth.com/resources/daily-pour/23-april/Vault Wealth Daily Briefing for Thursday, 23 April 2026. Wednesday closed at records — S&P 7,137.12, Nasdaq 24,657.57 — on Trump's ceasefire extension and a clean tech tape. Hours later, Tehran seized two commercial vessels in the Strait of Hormuz. Brent is back above $100, US futures are red, and Tuesday's supply-side signal is reasserting itself. Tesla beat EPS and faded on a $25bn capex guide; Apple named John Ternus CEO-designate.Thu, 23 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/22-april/https://vaultwealth.com/resources/daily-pour/22-april/Vault Wealth Daily Briefing for Wednesday, 22 April 2026. Trump publicly renewed the US–Iran truce overnight without a matching statement from Tehran. Hormuz shipping remains largely halted; Brent holds the low-$90s. Stocks and bonds sold off together — the tape is pricing a supply-side shock, not a growth scare. Tesla's Q1 print lands after the US close.Wed, 22 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/21-april/https://vaultwealth.com/resources/daily-pour/21-april/Vault Wealth Daily Briefing for Tuesday, 21 April 2026. The US Navy seized an Iranian-flagged ship near the Strait of Hormuz; Brent spiked to the high-$97 handle then settled at $95.01 (−0.49%). The S&P fell −0.24% to 7,109.14, VIX rose +7.95% to 18.87, and European bourses took the bulk of the hit (DAX −1.15%). The fourth Hormuz shock this month — and the third to close with US indices moving less than half a percent.Tue, 21 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/20-april/https://vaultwealth.com/resources/daily-pour/20-april/Vault Wealth Aperitif Monday Pre-Open Brief for 20 April 2026. After Sunday's Hormuz reversal, Asia opened lower and crude gapped higher: Nikkei −2.35%, Hang Seng −2.06%, S&P futures −2.09%, Brent +7.87% to $97.50, WTI +9.46% to $90.40, gold $4,942 (+1.28%), VIX futures +32% to 23.15. The Gulf and EU cash sessions face the full repricing today — with a BoJ decision, UK CPI and Gulf trade data still to come.Mon, 20 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-april/https://vaultwealth.com/resources/daily-pour/18-april/Vault Wealth daily briefing for Saturday, 18 April 2026. Brent crude plunges 9.07% to $90.38 as Tehran declares the Strait of Hormuz open for commercial shipping during the ceasefire; the S&P 500 surges 1.2% to a record 7,126.06; Wall Street banks begin trading derivatives on private credit stress; Fed's Waller warns of a 'lasting' price shock from the conflict.Sat, 18 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-april/https://vaultwealth.com/resources/daily-pour/17-april/Vault Wealth Daily Briefing for Friday, 17 April 2026. Israel and Hizbollah agree to a 10-day ceasefire; Brent slips below $100 for the first time in weeks at $98.08 (-1.32%); the S&P 500 extends its record run to 7,041.28; the VIX falls to 17.94. Asia diverges as the Nikkei and Hang Seng decline; Gulf states tap private debt markets for $10bn; Germany set to halve growth forecast on energy costs.Fri, 17 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/16-april/https://vaultwealth.com/resources/daily-pour/16-april/Vault Wealth Daily Market Briefing for Thursday, 16 April 2026. Milestones are stacking — the S&P crossed 7,000 for the first time ever, VIX hit a new conflict low for the fourth straight session, Pakistan's army chief landed in Tehran, and the UAE confirmed schools reopen Monday. The exit ramp is not a rumour — it is in the price.Thu, 16 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/15-april/https://vaultwealth.com/resources/daily-pour/15-april/Vault Wealth Daily Briefing for Wednesday, 15 April 2026. Banks shatter first-quarter earnings records on a surge in war-driven trading revenue; the Nasdaq extends its winning streak to ten sessions as Trump signals negotiations with Tehran could resume within days in Islamabad. Brent stabilises near $95, the VIX falls to 18.36, and gold holds near record at $4,848.Wed, 15 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-april/https://vaultwealth.com/resources/daily-pour/14-april/Vault Wealth Daily Market Briefing for Tuesday, 14 April 2026. Day one of the Strait of Hormuz blockade: WTI fell −1.62% to $97.47, the S&P closed +1.02% at 6,886.24, the KOSPI led Asia +3.34%, and the VIX dropped to a new conflict low of 19.12. Iran is losing approximately $150 million per day in crude revenue, but 190 million barrels of floating inventory and a mid-May Trump-Xi Geneva meeting are the timers markets are watching.Tue, 14 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/13-april/https://vaultwealth.com/resources/daily-pour/13-april/Vault Wealth Daily Briefing for Monday, 13 April 2026. The Islamabad negotiations lasted 21 hours before breaking down over oil and nuclear terms. Within hours, President Trump announced a US Naval blockade of the Strait of Hormuz. WTI surged +8.57% to $104.85 and Brent +7.38% to $102.23 — the first close above $100 since the conflict began. Equities held with notable composure: S&P −0.11%, Nasdaq +0.35%, VIX falling to 19.23.Mon, 13 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/11-april/https://vaultwealth.com/resources/daily-pour/11-april/Vault Wealth Daily Briefing for Saturday, 11 April 2026. US consumer prices post their steepest monthly surge in two years as energy costs ripple through the global economy; the US–Iran ceasefire enters day four with Iran-linked vessels dominating Hormuz traffic; Brent holds near $95 with the 10-year Treasury yield climbing past 4.3%.Sat, 11 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/10-april/https://vaultwealth.com/resources/daily-pour/10-april/Vault Wealth Daily Briefing for Friday, 10 April 2026. The most dramatic week in recent market history closes with formal US-Iran peace negotiations underway in Islamabad, the VIX at 19.49 (sub-20 for the first time since the war began), and Brent holding above $96 even with a ceasefire in place after Bloomberg reported damage to Saudi production capacity. The S&P closed +0.62% at 6,824.66 — its fifth consecutive positive session — and gained ~7.1% across the week.Fri, 10 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/09-april/https://vaultwealth.com/resources/daily-pour/09-april/A fragile US-Iran truce lifts equities and crushes volatility, but oil rises again as the Strait of Hormuz remains effectively closed and Israeli strikes on Lebanon threaten the deal. S&P +2.51% to 6,782.81, DAX +5.06%, VIX −18% to 21.04 — yet Brent climbs back above $97 as Tehran dictates Hormuz terms.Thu, 09 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/08-april/https://vaultwealth.com/resources/daily-pour/08-april/Vault Wealth Daily Market Briefing for Wednesday, 08 April 2026. Washington and Tehran agree a two-week truce on day 39 of the conflict; Brent plunges nearly 14% to $94.26, Asian equities surge with the Nikkei +5.29%, and gold holds above $4,800 as markets weigh the fragility of the deal.Wed, 08 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/07-april/https://vaultwealth.com/resources/daily-pour/07-april/Vault Wealth Daily Market Briefing for Tuesday, 7 April 2026. Trump's Tuesday deadline looms over Hormuz as WTI surges past $115 and Brent above $111; gold holds near $4,688; the VIX stays elevated at 24.17. Gulf states scramble for alternative routes as tanker traffic through the strait falls an estimated 90% since hostilities began.Tue, 07 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/06-april/https://vaultwealth.com/resources/daily-pour/06-april/Vault Wealth Daily Market Briefing for Monday, 6 April 2026. Iran allowed Iraqi tankers through the Strait of Hormuz over the weekend — a calculated partial concession that could release up to 3 mb/d of trapped crude. Mediators are pushing a 45-day ceasefire framework as the war enters its sixth week. Brent held above $110, gold sat near $4,680, Bitcoin surged 3% to $69,000 and the VIX stayed elevated at 23.87. With US markets shut for Good Friday, attention turns to how futures react as trading resumes.Mon, 06 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/03-april/https://vaultwealth.com/resources/daily-pour/03-april/Vault Wealth Daily Briefing for Friday, 03 April 2026. Oil surges past $109 on Hormuz fears; global energy rationing spreads; safe-haven gold hits $4,700; bond investors pivot to safety as growth risks mount.Fri, 03 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/02-april/https://vaultwealth.com/resources/daily-pour/02-april/Vault Wealth Daily Market Briefing for Thursday, 2 April 2026 — the Liberation Day anniversary. Oil reclaims $107 as Trump signals the war continues; Europe rallies hard while Asia reverses; one year of tariffs meets a five-week energy shock; SpaceX moves toward a historic IPO.Thu, 02 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/01-april/https://vaultwealth.com/resources/daily-pour/01-april/Vault Wealth Daily Market Briefing for Wednesday, 1 April 2026. VIX collapses 17.5% as peace signals send stocks to multi-week highs: S&P +2.91%, Nikkei +4.51%, KOSPI +8.13%. Brent eases from its Q1 record close as the energy risk premium softens, while gold prints a fresh all-time high above $4,700.Wed, 01 Apr 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/31-march/https://vaultwealth.com/resources/daily-pour/31-march/Vault Wealth Daily Market Briefing for Tuesday, 31 March 2026. Iran war enters its fifth week with a new front opening via Yemen; Brent closes Q1 above $107 on track for its largest monthly gain on record; the US 10-year yield fell 9.8 bps to 4.342% as safe-haven demand surged; European equities outperformed (FTSE +1.61%, DAX +1.18%) while US tech slid and Asian markets weakened.Tue, 31 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/30-march/https://vaultwealth.com/resources/daily-pour/30-march/Vault Wealth daily briefing for Monday, 30 March 2026. Crude prices spike above $107 amid Kharg Island rhetoric; global equities sell off sharply as the VIX breaches 31. Brent +2.35%, S&P −1.67%, Nasdaq −2.15%, Nikkei −3.30%.Mon, 30 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/27-march/https://vaultwealth.com/resources/daily-pour/27-march/Vault Wealth daily briefing for Friday, 27 March 2026. The OECD cut global GDP growth to 2.9% for 2026 and lifted G20 inflation by 1.2 percentage points to 4%, directly citing the US-Israel war with Iran. The VIX spiked 8.33% to 27.44, the Nasdaq fell 2.38%, gold and silver rallied as safe havens, and US Treasury yields rose sharply — a stagflationary combination. Asia diverged higher while Western equities slid.Fri, 27 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/25-march/https://vaultwealth.com/resources/daily-pour/25-march/Vault Wealth Daily Market Briefing for Wednesday, 25 March 2026. Brent crude fell 4.75% to $99.53 — the sharpest single-session decline since the Iran conflict began — after Trump signalled progress on Tehran negotiations and Iran's IMO delegation said 'non-hostile vessels' could transit Hormuz. Gold surged 3.79% to $4,568.80 and silver jumped 5.70%; equities slipped (S&P −0.37%, Nasdaq −0.84%) and the VIX rose to 26.95. QatarEnergy declared force majeure on LNG; the Philippines declared an energy emergency.Wed, 25 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/24-march/https://vaultwealth.com/resources/daily-pour/24-march/Vault Wealth daily market briefing for Tuesday, 24 March 2026. Stocks rallied on ceasefire signals — S&P +1.15%, Dow +1.38%, Russell 2000 +2.29% — but Brent surged 3.82% back to $103.76 as Iran fired fresh missiles and denied any US talks. Slovenia became the first EU nation to ration fuel; the UK convened an emergency Cobra committee. Gold extended its margin-call slide (−1.48%) while the 10-year Treasury rallied 6 bps to 4.334%.Tue, 24 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/23-march/https://vaultwealth.com/resources/daily-pour/23-march/Vault Wealth Daily Market Briefing for Monday, 23 March 2026. Oil above $108, global equities in retreat, gold liquidated, bonds selling off — a stagflationary signal with no safe haven in sight as the Iran conflict's disruption to energy flows through the Strait of Hormuz intensifies.Mon, 23 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/19-march/https://vaultwealth.com/resources/daily-pour/19-march/Vault Wealth Daily Market Briefing for Thursday, 19 March 2026. The FOMC delivered a hawkish hold at 3.50–3.75% while Iranian strikes on energy infrastructure across Qatar, Saudi Arabia and the UAE drove Brent +4.91% to $107.97. The S&P fell 1.36%, the VIX spiked above 25, gold sold off alongside equities, and stagflation fears intensified.Thu, 19 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/18-march/https://vaultwealth.com/resources/daily-pour/18-march/Vault Wealth daily briefing for Wednesday, 18 March 2026. Stagflation's ghost returns as Brent tops $100, central banks face impossible trade-offs, and markets hold their breath ahead of the FOMC. Equities printed a tactical relief rally as crude pulled back from $105 highs to $101, the VIX dropped 4.85%, and Treasuries rallied across the curve.Wed, 18 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/17-march/https://vaultwealth.com/resources/daily-pour/17-march/Vault Wealth daily briefing for Tuesday, 17 March 2026. Brent settled at $102.91 after Treasury Secretary Bessent confirmed safe passage for Iranian tankers through Hormuz; the S&P rose 1.01% to 6,699.38, the Nasdaq +1.22%, the VIX fell 13.5% to 23.51, and gold pushed above $5,000 for the first time. The Fed meets this week into a stagflationary bind.Tue, 17 Mar 2026 00:00:00 GMThttps://vaultwealth.com/resources/daily-pour/14-march/https://vaultwealth.com/resources/daily-pour/14-march/Vault Wealth Double Espresso for Saturday, 14 March 2026. The IEA declared the largest oil supply disruption on record as the US-Israel campaign against Iran intensifies; G7 agreed to a historic strategic-reserve release; Brent closed above $103 and WTI above $98 with the Strait of Hormuz still closed. Equities, gold and silver all sold off Friday — a stagflationary cross-asset print rather than a flight to safety.Sat, 14 Mar 2026 00:00:00 GMT