The Executive Desk
Notes
The daily house view, in full and dated — the regime, what matters, and the risks on the radar. Each note is a permanent record.
EM Surge and Rate Curve Inversion Deepen Split-Market Session
20 June 2026Emerging markets outperform sharply as US short rates rise and European equities retreat.
EM Leads Risk-On Rally as Iran Sanctions Standoff Simmers
19 June 2026Cyclicals and emerging markets outperform while US–Iran asset-freeze dispute keeps energy risk premia elevated.
Fed Hawkish Pivot and Gulf Shipping Crisis Hammer Risk Assets
18 June 2026Equities and gold sell off sharply as Fed signals a 2026 hike while 20,000 sailors remain stranded in the Gulf.
U.S.-Iran Deal Drives Oil's Sharpest Drop of the Session
17 June 2026Preliminary diplomatic agreement strips Middle East risk premium, reshaping commodity and credit markets today.
BOJ Tightening and Biotech Gains Drive Broad Risk Rally
16 June 2026Equities surge as healthcare newsflow lifts sentiment, even as gold and bonds signal residual caution.