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                               <a class="text-blackLight no-underline font-extrabold" style="font-weight: 800; color: #3C4857; text-decoration: none;">
                                TOGETHER WITH
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                   Hi Sarah, here's what you need to know for
                   <strong>
                    July 12th
                   </strong>
                   in
                   <strong>
                    3:15 minutes
                   </strong>
                   .
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                    <span class="font-normal" style="font-weight: 400;">
                     Bitcoin flew to new highs, topping $118,000 as traders piled in ahead of US “Crypto Week”
                    </span>
                   </li>
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                     Goldman’s answer to the Magnificent 7 is made in China –
                     <a class="text-primary underline font-medium" style="font-weight: 500; color: #204CE9; text-decoration: underline;">
                      Read Now
                     </a>
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                     The US president threatened new tariffs, adding to a growing list of surprise taxes
                    </span>
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                     📚 Sometimes figuring out the market feels like trying to read a book with the pages out of order. So join us on July 15th for
                     <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                      How To Navigate Today’s US Market
                     </a>
                     – and find out how to make sense of what's happening and spot the opportunities.
                     <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                      Grab your free ticket
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              <span class="text-heading1 text-black font-black" style="font-weight: 900; color: #283444; font-size: 24px;">
               Bitcoin And The Moon
              </span>
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              <h4 class="text-body" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; font-size: 16px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
              </h4>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
              </p>
              <p data-block-key="d97ir" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="pmnu" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Bitcoin blasted beyond $118,000 on Friday, as traders scrambled for their share ahead of what’s expected to be a big week for crypto.
              </p>
              <p data-block-key="1d6rj" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="aq70t" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               US spot bitcoin ETFs – funds that invest directly in the OG crypto – raked in a hefty
               <i>
                $1.2 billion
               </i>
               in new money on Thursday. And that was their sixth straight day of gains. Yep, the FOMO’s in full swing – and for good reason. “Crypto Week” kicks off in the US on Monday, with lawmakers expected to line up tax and regulatory measures to bring digital assets closer to the mainstream. As per usual, traders didn’t wait around for the ink to dry: they placed their bets early, before the bigger crowds could descend, sending bitcoin’s price into space.
              </p>
              <p data-block-key="d08c4" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="8orbp" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 Zooming in:
                </i>
               </b>
               <i>
                Crypto stocks are feeling the love.
               </i>
              </p>
              <p data-block-key="fgi4p" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               It’s not just bitcoin and its 12 US spot ETFs holding investors’ attention. America’s biggest crypto trading platform, Coinbase, is up 55% this year, while Robinhood – the platform popular with retail investors that’s gone big into crypto – has rocketed 155%. Safe to say the crypto hype is well and truly up there. But if stock markets and bitcoin both continue to rally, that momentum could continue.
              </p>
              <p data-block-key="2rils" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For you personally:
                </i>
               </b>
               <i>
                Might be time for a reality check...
               </i>
              </p>
              <p data-block-key="9177o" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               With America’s pro-crypto stance, corporate coin stockpiling, and stock market that’s been getting more and more expensive, it’s hardly surprising that bitcoin’s been having a blast. Fans still consider it “digital gold” – a savvy hedge against everything from inflation to full-blown financial meltdowns. But let’s be real: bitcoin tends to move like any risky asset, rising and falling when stocks do. So while the OG crypto may glitter when times are good, don’t count on it to diversify your holdings like actual gold would – especially in a downturn.
              </p>
              <p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
              </p>
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               <b>
                You might also like:
               </b>
               <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                Bitcoin or gold: Why it’s better to own both
               </a>
               .
              </p>
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                  <strong>
                   Copy to share story:
                  </strong>
                  <a class="text-black60 font-normal" style="text-decoration: underline; font-weight: 400; color: #71767B;" target="_blank">
                   https://app.finimize.com/content/bitcoin-and-the-moon
                  </a>
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                         <span style="font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-weight: bold; color: #E6F14A; display: inline-block;">
                          FROM OUR RESEARCH DESK
                         </span>
                        </td>
                       </tr>
                       <tr>
                        <td style="padding-right: 16px; vertical-align: top;">
                         <h2 style="font-weight: 700; line-height: 1.25; margin-bottom: 16px; font-size: 24px; color: #FFFFFF; margin: 0 0 4px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
                          Goldman’s Got An Answer To The Magnificent Seven. And It’s Made In China
                         </h2>
                         <p style="line-height: 1.5; margin-top: 0; margin-bottom: 16px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; color: #FFFFFF; margin: 0;">
                          Stéphane Renevier, CFA
                         </p>
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                    <td style="padding: 8px 32px 0 0;">
                     <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                      <img alt="Goldman’s Got An Answer To The Magnificent Seven. And It’s Made In China" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-070725-Chinav2.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Dfc7f97297539c8ca4e055e6d384596cd/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTIyNzE1MzQuMTI2Nzc0fQ:1uaLs6:fkcmLiaWGZTszDP9gaYjg3w67YXf-bsme3tK8jLX0pg" style="max-width: 300px; border-radius: 4px;" width="300"/>
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                    <td class="premium-story-text" style="padding-top: 24px;">
                     <p data-block-key="xjbe2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       Goldman Sachs
                      </a>
                      is making a bold call, and that’s always worth paying attention to.
                     </p>
                     <p data-block-key="5ltlu" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      The investment bank is backing a select group of
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       Chinese private-sector firms
                      </a>
                      – and calling it the “Prominent Ten”. Think of them as the country’s version of the Magnificent Seven.
                     </p>
                     <p data-block-key="a5imh" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      After years of tech crackdowns, investor flight, and regulatory shifts, China’s market appears headed for a
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       new era
                      </a>
                      . It’s moving from chaos to clarity, with this group of private-sector powerhouses set to dominate.
                     </p>
                     <p data-block-key="f1f28" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      In an economy long defined by fragmentation, this is a pivot toward concentration – and it’s got
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       money-making potential
                      </a>
                      .
                     </p>
                     <p data-block-key="fro4f" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
                      That’s today’s Insight:
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       Goldman’s answer to the Magnificent Seven is in China
                      </a>
                      .
                     </p>
                     <p data-block-key="3654h" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0; color: #fff;">
                      <a style="color: inherit; text-decoration: underline; font-weight: inherit;">
                       <b>
                        Read or listen to the Insight here
                       </b>
                      </a>
                     </p>
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                   <h4 data-block-key="2t5l4" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; font-size: 20px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
                    <b>
                     One size doesn’t fit all: generational differences to saving and investing
                    </b>
                   </h4>
                   <p data-block-key="avpds" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
                    Younger savers aren’t just looking for security: they want to build wealth. In fact, 47% of 18 to 24s
                    <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                     surveyed by YouGov
                    </a>
                    say long-term wealth-building motivates them to save or invest.
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                    Many are won over by the prospect of using fintech companies to do that, intrigued by their flexibility and benefits.
                    <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                     But a few factors are stopping them from going all-in
                    </a>
                    .
                   </p>
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                    So whether you work for a traditional firm looking to learn what younger generations value, or a fintech hoping to seal the deal with modern investors,
                    <a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
                     download ClearBank’s free report to find out what Brits want from saving and investment platforms
                    </a>
                    .
                   </p>
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              <span class="text-heading1 text-black font-black" style="font-weight: 900; color: #283444; font-size: 24px;">
               Worn Ultimatum
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              <p data-block-key="qmuk5" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What’s going on here?
               </b>
              </p>
              <p data-block-key="f5ren" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Another day, another tariff threat: the US president turned up trade tensions yet again, announcing late on Thursday his plans to slap a 35% tariff on certain Canadian imports.
              </p>
              <p data-block-key="4vtoh" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                What does this mean?
               </b>
              </p>
              <p data-block-key="35drt" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               The proposed tax rate would be a step up from the current 25%, and it’d apply to goods that aren’t covered by the existing trade agreement between the US, Canada, and Mexico. But with a sizable chunk of Canada’s imports to the US falling under that agreement, it wouldn’t be an across-the-board increase on everything. Although, the president did threaten to raise the blanket levy to 15% to 20% for most trading partners at the same time – up from the current 10%. Those moves followed a surprise 50% tariff proposal earlier in the week on copper imports, which sent US prices to a record high. But this time around, markets only dipped slightly, suggesting that investors might be starting to tire of the tariff noise.
              </p>
              <p data-block-key="d7u19" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                Why should I care?
               </b>
              </p>
              <p data-block-key="314cb" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 Zooming out:
                </i>
               </b>
               <i>
                Geopolitics make for a bitter brew.
               </i>
              </p>
              <p data-block-key="1g8v7" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               Earlier this week, the president threatened a new 50% import tax on goods from Brazil – the world’s top exporter of arabica beans – stirring a roughly 3% rise in US coffee futures. But it wasn’t coffee’s price move that really stood out: it was the president’s motive. See, unlike previous tariff proposals, this one wasn’t motivated by trade deficits or corporate competition. It was a political show of support for the country’s former leader, so the market just didn’t see it coming.
              </p>
              <p data-block-key="f0mst" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               <b>
                <i>
                 For you personally:
                </i>
               </b>
               <i>
                Tariff tantrums are market wildcards.
               </i>
              </p>
              <p data-block-key="7vbvt" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
               When tariffs shift from being economic levers to political weapons, things can become even more unpredictable. One day it’s copper, the next it’s coffee – and for investors, that means sudden market jolts aplenty. So with tariff threats running fast and loose, you’ll want to make sure your portfolio’s built to handle some surprises. That means staying diversified, investing across stocks, bonds, and other kinds of assets that don’t all move in tandem.
              </p>
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               <b>
                You might also like:
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               <a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
                The big, not-entirely-beautiful impact of the new US tax and spending law
               </a>
               .
              </p>
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                  <strong>
                   Copy to share story:
                  </strong>
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                   https://app.finimize.com/content/worn-ultimatum
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                  QUOTE OF THE DAY
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                  "Travel becomes a strategy for accumulating photographs."
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                 <span class="text-caption font-normal text-blackLight leading-normal" style="font-weight: 400; line-height: 1.5; color: #3C4857; font-size: 12px;">
                  – Susan Sontag (an American writer)
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                        🇺🇸
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                        🚀
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                         Modern Investor Summit 2025
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