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   Daily 2026-03-26
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                       All metrics are as of the latest market close.
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          <tbody>
           <tr>
            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:16px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
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               <tbody>
                <tr>
                 <td style="vertical-align:top;padding:0;">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                   <tbody>
                    <tr>
                     <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                      <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
                       <tbody>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          S&amp;P 500
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.77% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          6,869
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          GOLD
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.58% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $5,154
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          BITCOIN*
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          7.08% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $73,176
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *24-hour change
                         </td>
                        </tr>
                       </tbody>
                      </table>
                     </td>
                    </tr>
                   </tbody>
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                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          FTSE 100
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.80% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          10,568
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          BRENT OIL
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          1.07% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $82.27
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          US BONDS*
                         </td>
                         <td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.03% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          4.09%
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *10-year government yield
                         </td>
                        </tr>
                       </tbody>
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                    </tr>
                   </tbody>
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                 <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:700;line-height:1.5;text-align:left;color:#181c25;">
                  WALL STREET FEAR GAUGE INDEX 
(
                  <a style="font-weight:400;font-family:Trispace,monospace">
                   VIX
                  </a>
                  )
                 </div>
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                     <img alt="Wall Street Fear Gauge Index" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fimages.bannerbear.com%252Fdirect%252F7Q4rjJzQn7vZo8qPOx%252Frequests%252F000%252F135%252F321%252F038%252FKlp7yZbnLzXj5O3lQ3jOX9rmG%252F5d246418725141162045a8ed114e0b176b74311c.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D06182a79669d08c9881d8690be3c8a35/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ4NTI1fQ:1vxvmX:3bIHyLIIOIkq6aFF2gdPRa31yifoX8w6h6qshR9e79M" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
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                      <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                       <p data-block-key="10zqs">
                        ⤵️ South Korea’s main stock index suffered its worst blow on record
                       </p>
                       <p data-block-key="4c0jb">
                        🏭 Business surveys showed the global economy
headed in the right direction… but not every country is pulling its weight
                       </p>
                       <p data-block-key="1fggr">
                        <b>
                         👇 Keep reading to find out more
                        </b>
                       </p>
                      </div>
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                     👀
                    </span>
                    <span style="font-style:italic">
                     Today's headlines
                    </span>
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                   <mj-raw>
                    <span style="background-color:#EFFF0D;display:inline">
                     Seoul-Destroying
                    </span>
                   </mj-raw>
                  </div>
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                      <a target="_blank">
                       <img alt="Seoul-Destroying" height="auto" 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-040326-SouthKorea.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D3eeacaf29137ae8379d0b4c884854c62/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ4NjYwN30:1vxvmX:Ab9I64PupY6p-FniaWZPZB8VtbxUaUQqoP0AaOkG51Y" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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                   <p data-block-key="ol4v7">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="c5qd5">
                    South Korea’s main stock market index stopped, swayed, and fell by double digits on Tuesday – a gut-punch to one of the year’s strongest investing stories.
                   </p>
                   <p data-block-key="3sen1">
                    <b>
                     What
does this mean?
                    </b>
                   </p>
                   <p data-block-key="43ugh">
                    Escalating
                    <a>
                     conflict
                    </a>
                    in the Middle East has been forcing investors to rethink their priorities. Instead of chasing returns, they’ve entered self-preservation mode – looking to limit their exposure and protect what they have.
                   </p>
                   <p data-block-key="dg0sh">
                    🔻
Asian stocks have borne the biggest brunt: Taiwan’s main index fell more than 4% on Wednesday, Japan’s dipped 3%, and South Korea’s slumped a full
                    <i>
                     12%
                    </i>
                    – its worst day on record.
                   </p>
                   <p data-block-key="bsquu">
                    ▶ European and US stock markets, by contrast, have held up relatively well, helped by news of
                    <a>
                     potential
                    </a>
                    political negotiations.
                   </p>
                   <p data-block-key="csbna">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="56l97">
                    <b>
                     <i>
                      For
markets:
                     </i>
                    </b>
                    <i>
                     South Korea might be giving you whiplash
                    </i>
                    <b>
                     <i>
                      .
                     </i>
                    </b>
                   </p>
                   <p data-block-key="d2dam">
                    The
                    <b>
                     Kospi
                    </b>
                    index – South Korea’s main one – had risen
                    <i>
                     150%
                    </i>
                    over the last year, making it the world’s best performer. (Heck, even after this bad day at the office, it’s
                    <i>
                     still
                    </i>
                    boasting the biggest uptick of 2026.) But that rally largely rested on superstar Korean chipmakers
                    <b>
                     Samsung Electronics
                    </b>
                    and
                    <b>
                     SK Hynix
                    </b>
                    , which together make up around 40% of the index.
And when the war headlines spread, those AI-linked stocks were some of the first to go.
                   </p>
                   <p data-block-key="5plu0">
                    ▶ See, when traders bought into those two stocks, a lot of them used borrowed money and
                    <a>
                     leverage
                    </a>
                    – which can multiply your gains, but also your losses. So once the shares started to fall, they were in a rush to unwind those leveraged positions before any losses could
snowball.
                   </p>
                   <p data-block-key="bsikk">
                    ▶ On top of that, South Korea buys most of its energy from the Middle East, so the
                    <a>
                     jump
                    </a>
                    in oil and gas prices quickly sparked worries about higher costs (and in turn, lower profit margins) for businesses – turning the wobble into a proper shake.
                   </p>
                  </div>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
                   You might also like ⇢
                   <a>
                    K-Stock Demon Hunters: Still
Running Hard, And Still Going Cheap
                   </a>
                  </div>
                 </td>
                </tr>
               </tbody>
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             <!--[if mso | IE]>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
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                    <span style="font-style:normal">
                     📈
                    </span>
                    <span style="font-style:italic">
                     Chart
Of The Day
                    </span>
                   </mj-raw>
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                      <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
                       <tbody>
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                         <td style="width:568px;">
                          <img alt="Chart Of The Day" height="auto" 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%252Fab0b59febcce53a604688bec1fbabd17f9aec05e.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D34e3ccf4785752197dbce7df2e338290/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ4NzgyfQ:1vxvmX:AJNgnu20iuRAj38f9DG_YU1wlf4V2Z-GAGjmO0nGyGU" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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                    <mj-raw>
                     <span style="font-style:normal">
                      👀
                     </span>
                     <span style="font-style:italic">
                      Today's Research
                     </span>
                    </mj-raw>
                   </div>
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                           <img alt="Pro section" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3.eu-west-1.amazonaws.com%252Fstatic%252Fdaily-email%252Fpro-roundal-no-gradient.png%253Fixlib%253Dpython-3.1.2%2526s%253D935baadb6eae5c9abd1479997c269c60/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ4ODk4NH0:1vxvmX:-jpPrnzofAf9zGGF1t6AmnHJvO_b4YQsRuCw5ubCQKQ" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="100"/>
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        <!--[if mso | IE]>
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</td></tr><tr><td class="" width="600px">
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<![endif]-->
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         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:#f8f9ff;background-color:#f8f9ff;width:100%;">
          <tbody>
           <tr>
            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:16px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
             <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" style="vertical-align:top;width:536px;">
<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
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                  <div style="font-family:Inter,sans-serif;font-size:22px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
                   <mj-raw>
                    <span style="background-color:#EFFF0D;display:inline">
                     The Great Wealth Transfer Is Real. My Portfolio Needed
Adjusting.
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="center" style="font-size:0px;padding:0;padding-bottom:16px;word-break:break-word;">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
                   <tbody>
                    <tr>
                     <td style="width:536px;">
                      <img alt="Insight" height="auto" 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%252FInsight_-_WealthTransfer_-_040326.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D776c48f8c560605b4dbac9586ddcec5a/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ5MDE5fQ:1vxvmX:limLK5HnYvB1zIXI1Z8k_HfA9p_IoirNwcvJrDDTYRo" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <p data-block-key="pr7ai">
                    When I built the
                    <a>
                     Great Wealth
Transfer portfolio
                    </a>
                    , I was thinking about power. Specifically, who controls the money, and what happens when that changes.
                   </p>
                   <p data-block-key="1d0l2">
                    Over the next decade,
                    <a>
                     trillions of dollars
                    </a>
                    will pass from older generations to Gen X and Millennials. That matters because money reflects
mindset. The inheriting class will have different risk tolerances, different tech fluency, and different expectations from their banks, brokers, and platforms.
                   </p>
                   <p data-block-key="2qakh">
                    I structured this portfolio around
                    <a>
                     those differences
                    </a>
                    .
                   </p>
                   <p data-block-key="22qki">
                    But the past two months
have tested its assumptions. So here’s
                    <a>
                     what I’m changing
                    </a>
                    – and why.
                   </p>
                   <p data-block-key="659oh">
                    That’s today’s Insight:
                    <a>
                     how to invest in the Great Wealth Transfer
                    </a>
                    .
                   </p>
                   <p data-block-key="4utlr">
                    <a>
                     <b>
                      Read or listen to
the Insight here
                     </b>
                    </a>
                   </p>
                  </div>
                 </td>
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              </table>
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<![endif]-->
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        <!--[if mso | IE]>
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</td></tr><tr><td class="" width="600px">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:568px;" width="568" bgcolor="#f8f9ff"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
<![endif]-->
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         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="background:#f8f9ff;background-color:#f8f9ff;width:100%;">
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                <tbody>
                 <tr>
                  <td style="vertical-align:middle;padding:0;">
                   <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                    <tbody>
                     <tr>
                      <td align="center" style="font-size:0px;padding:0;word-break:break-word;">
                       <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
                        <tbody>
                         <tr>
                          <td style="width:30px;">
                           <img alt="Theodora Lee Joseph, CFA's profile image" height="auto" 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%252Ftheodora_square.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Deb921afefd4c173a1e779caa2bcf0e24/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ5MTM1NH0:1vxvmX:BmvHrlUGFg2h9yNqTTFJRsmFpo-oi6-rjmFP5f28ooE" style="border:0;border-radius:50%;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="30"/>
                          </td>
                         </tr>
                        </tbody>
                       </table>
                      </td>
                     </tr>
                    </tbody>
                   </table>
                  </td>
                 </tr>
                </tbody>
               </table>
              </div>
              <!--[if mso | IE]>
</td><td style="vertical-align:middle;width:268px;">
<![endif]-->
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               <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
                <tbody>
                 <tr>
                  <td style="vertical-align:middle;padding:0;">
                   <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                    <tbody>
                     <tr>
                      <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
                       <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                        <a style="color:#4C5469;font-weight:400">
                         Theodora
Lee Joseph, CFA
                        </a>
                       </div>
                      </td>
                     </tr>
                    </tbody>
                   </table>
                  </td>
                 </tr>
                </tbody>
               </table>
              </div>
              <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
             </div>
             <!--[if mso | IE]>
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<![endif]-->
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           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]>
</td></tr></table>
</td></tr></table>
<![endif]-->
       </td>
      </tr>
     </tbody>
    </table>
   </div>
   <!--[if mso | IE]>
</td></tr></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:600px;" width="600"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
<![endif]-->
   <div style="margin:0px auto;max-width:600px;">
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        <!--[if mso | IE]>
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        <!--[if mso | IE]>
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<![endif]-->
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<![endif]-->
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    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
     <tbody>
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       <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:24px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
        <!--[if mso | IE]>
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                     👀
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                     Today's headlines
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                     Stat Summer
                    </span>
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                       <img alt="Stat Summer" height="auto" 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-040326-PMIs.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D395da8efd48c43d36ac3ae0e9bd5d694/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzI2Njc0NTMuODQ5MjU0fQ:1vxvmX:64Bg7_JQFGTuyIslrUSMhac0-GRLdksRHSrmhvQLjR0" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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                   <p data-block-key="7pxql">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="25v0g">
                    It’s so confusing sometimes to be a… uh, policymaker: fresh survey data suggested that the global economy is on the right
                    <a>
                     track
                    </a>
                    – at least for now.
                   </p>
                   <p data-block-key="63bqr">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="lumj">
                    A country’s purchasing managers index (PMI) – everybody’s favorite read – tracks how busy its businesses are. A reading above 50 means growth, while anything below suggests shrinkage.
                   </p>
                   <p data-block-key="1btev">
                    <b>
                     🔻
                    </b>
                    China’s monthly reading slipped to 49 in February, the lowest since October. Though, in
fairness, many of the country’s factories were closed over the Lunar New Year holiday, so this could just be a blip. Plus, a smaller private survey actually put the country’s PMI
                    <i>
                     above
                    </i>
                    50.
                   </p>
                   <p data-block-key="4rhk">
                    🔺 Europe’s measure rose to 52, an increase from January and the strongest performance for three months. (To add to the good news, the region’s unemployment data – which is a bit slower to come out – showed joblessness dropping to an all‑time low of 6.1% in January.)
                   </p>
                   <p data-block-key="525ij">
                    🔺 America’s readings were reassuring, too. The figure for the services sector landed just above 56 – the highest level since August 2022 and above analysts’ forecasts. That followed Monday’s better-than-expected manufacturing one, which came in above 50 for the second month in a row.
                   </p>
                   <p data-block-key="9h7fe">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="1lgme">
                    <b>
                     <i>
                      Zooming out:
                     </i>
                    </b>
                    <i>
                     What goes up… might come down.
                    </i>
                   </p>
                   <p data-block-key="ft0lu">
                    These PMIs
give an almost real-time read on whether an economy is speeding up or slowing down – and that’s exactly why central banks watch them so closely. February’s figures suggest that the global economy is still headed in the right direction – but that could easily change if conflict in the Middle East continues.
                   </p>
                   <p data-block-key="df6r0">
                    ⚠️ More expensive oil and gas could weigh on the economy
                    <i>
                     and
                    </i>
                    light a fire under inflation at the same time. That combination is notoriously hard for
central banks to handle: a slowing economy calls for lower interest rates, while rising prices beg for higher ones.
                   </p>
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                     ✨
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                       <h2 data-block-key="1wgqt">
                        <b>
                         You’ve seen the charts, the hype, the crashes.
                        </b>
                       </h2>
                       <p data-block-key="bcbpf">
                        What you probably haven’t seen is how quietly
                        <a>
                         Ethereum
                        </a>
                        is being used to move actual dollars, store value, and run financial apps in the background.
                       </p>
                       <p data-block-key="9g95c">
                        <a>
                         This guide
                        </a>
                        pulls back the curtain so you can judge for yourself: is ether just another coin to flip, or a way to get exposure to the infrastructure of digital money?
                       </p>
                       <p data-block-key="ds0si">
                        If you’re even slightly curious what you’re missing beyond the ticker,
                        <a>
                         this is where you start
                        </a>
                        .
                       </p>
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                            Read The Guide
                           </span>
                          </a>
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     🖋️
                    </span>
                    <span style="font-style:italic">
                     Quote
of the day
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
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             <!--[if mso | IE]>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <strong>
                    "Perfection is attained by slow degrees; it requires the hand of time."
                   </strong>
                   – Voltaire (a French writer and philosopher)
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
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<![endif]-->
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    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
     <tbody>
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       <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:24px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
        <!--[if mso | IE]>
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        <div style="margin:0px auto;max-width:568px;">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
          <tbody>
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             <!--[if mso | IE]>
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<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     🎯
                    </span>
                    <span style="font-style:italic">
                     On Our
Radar
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
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<![endif]-->
            </td>
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        <!--[if mso | IE]>
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</td></tr><tr><td class="" width="600px">
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        <div style="margin:0px auto;max-width:568px;">
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          <tbody>
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            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:32px;padding-top:8px;text-align:center;">
             <!--[if mso | IE]>
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
               <tbody>
                <tr>
                 <td style="vertical-align:top;padding:0;">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                   <tbody>
                    <tr>
                     <td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
                      <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                       <p data-block-key="aaghi">
                        <b>
                         1. This is what dreams are made of.
                        </b>
                        Meet the researchers
                        <a>
                         trying to figure out what "this" is
                        </a>
                        .
                       </p>
                       <p data-block-key="b4p35">
                        <b>
                         2. Time stands still.
                        </b>
                        British Columbia is changing its clocks
                        <a>
                         for the last time
                        </a>
                        .
                       </p>
                       <p data-block-key="dlnij">
                        <b>
                         3. Naw, dog
                        </b>
                        .
BrewDog founders apologize, but it’s
                        <a>
                         too little, too late
                        </a>
                        .
                       </p>
                      </div>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
               </tbody>
              </table>
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<![endif]-->
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<![endif]-->
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        <!--[if mso | IE]>
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         <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
          <tbody>
           <tr>
            <td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
             <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
              Stay classy,
              <mj-raw>
               Sarah
              </mj-raw>
              😉 This issue of the Daily Brief was curated by
              <a style="color:inherit;font-weight:inherit">
               Naomi
              </a>
              and
              <a style="color:inherit;font-weight:inherit">
               Russell
              </a>
              . Got an idea? A question?
              <a>
               Get in touch
              </a>
              .
             </div>
            </td>
           </tr>
          </tbody>
         </table>
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<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     💌
                    </span>
                    <span style="font-style:italic">
                     THAT
WAS GREAT FOR US... HOW WAS IT FOR YOU?
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
            </td>
           </tr>
          </tbody>
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        <!--[if mso | IE]>
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</td></tr></table>
<![endif]-->
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     </tbody>
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<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:600px;" width="600"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
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             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;width:100%;line-height:100%;">
              <tbody>
               <tr>
                <td align="center" bgcolor="#f8f9ff" role="presentation" style="border:none;border-radius:4px;cursor:auto;mso-padding-alt:10px 25px;background:#f8f9ff;" valign="middle">
                 <a style="display:inline-block;background:#f8f9ff;color:#030303;font-family:Inter,sans-serif;font-size:13px;font-weight:normal;line-height:120%;margin:0;text-decoration:none;text-transform:none;padding:10px 25px;mso-padding-alt:0px;border-radius:4px;" target="_blank">
                  <span aria-hidden="true" role="img">
                   🔥
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                  Hot
stuff
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             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;width:100%;line-height:100%;">
              <tbody>
               <tr>
                <td align="center" bgcolor="#f8f9ff" role="presentation" style="border:none;border-radius:4px;cursor:auto;mso-padding-alt:10px 25px;background:#f8f9ff;" valign="middle">
                 <a style="display:inline-block;background:#f8f9ff;color:#030303;font-family:Inter,sans-serif;font-size:13px;font-weight:normal;line-height:120%;margin:0;text-decoration:none;text-transform:none;padding:10px 25px;mso-padding-alt:0px;border-radius:4px;" target="_blank">
                  <span aria-hidden="true" role="img">
                   👍
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                  Just
alright
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         <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
          <tbody>
           <tr>
            <td align="center" style="font-size:0px;padding:12px 5px;word-break:break-word;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;width:100%;line-height:100%;">
              <tbody>
               <tr>
                <td align="center" bgcolor="#f8f9ff" role="presentation" style="border:none;border-radius:4px;cursor:auto;mso-padding-alt:10px 25px;background:#f8f9ff;" valign="middle">
                 <a style="display:inline-block;background:#f8f9ff;color:#030303;font-family:Inter,sans-serif;font-size:13px;font-weight:normal;line-height:120%;margin:0;text-decoration:none;text-transform:none;padding:10px 25px;mso-padding-alt:0px;border-radius:4px;" target="_blank">
                  <span aria-hidden="true" role="img">
                   😒
                  </span>
                  ...Meh
                 </a>
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