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   Daily Brew // Morning Brew // Update
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     How Starbucks botched a big promotion...
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             June 16, 2026
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              Presented By
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               Howdy.
              </strong>
              In its first World Cup match yesterday, tiny island chain Cape Verde shocked soccer fans everywhere by playing powerhouse Spain to a 0–0 draw. To celebrate, we plan on giving our dads a tie on Father’s Day.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              —
              <em>
               Sam Klebanov, Matty Merritt, Molly Liebergall, Neal Freyman, Abby Rubenstein
              </em>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
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               In today’s newsletter,
              </strong>
              we’ll get into:
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="margin-bottom:10px;line-height:22px">
               <span>
                Anthropic’s efforts to convince the US its advanced models are safe
               </span>
              </li>
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               <span>
                Britain banning kids from social media
               </span>
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              <li style="margin-bottom:10px;line-height:22px">
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                Starbucks South Korea’s big PR flub
               </span>
              </li>
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               MARKETS
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             </td>
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            <!-- Nasdaq -->
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI3NTY3fQ:1wZPzy:BTKvdXM8smbQcMx8LBdsyppqUNKONC78ueYhLy5okZU" style="width:22%" width="20"/>
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                  Nasdaq
                 </p>
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                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  26,683.94
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +3.07%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI3NjY2M30:1wZPzy:_AuUEijRn0TuF8xW3-vGH3QyIrNL2sv0QaQB6x9PoVk" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  S&amp;P
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  7,554.29
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +1.65%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI3NzZ9:1wZPzy:MB3S4bgJOGZwFTK8gKHefvhZe0rTJFdc0Z83pl46Zo0" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  51,671.03
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +0.92%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI3ODU0Nn0:1wZPzy:W0V3lynv9BduWdGzkTa47fjKX_X7Mwwv0bqnC3lrV0Q" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  10-Year
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  4.469%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -2.0 bps
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END 10-Year -->
            <!-- Bitcoin -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI3OTQ3NH0:1wZPzy:PDBbwQJebJeG4TUcA786EjSY2WA6t1TF4TnhZy-MG2Q" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Bitcoin
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $66,413.08
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +1.74%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- SpaceX -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI4MDQxM30:1wZPzy:Al1Fu5-qPOeNihiTm7Cov6nNNniYYYfB65Gg3Ui7b-g" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  SpaceX
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $192.50
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +19.60%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END SpaceX -->
            <!-- START REGULAR TEXT -->
            <tr>
             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
               <tr>
                <td style="padding-right:4px">
                 Data is provided by
                </td>
                <td style="margin:0;padding-right:5px">
                 <a style="display:block" target="_blank">
                  <img height="16px" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png%253Fh%253D32%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODI4MTUwN30:1wZPzy:2D4CoIuFvQvAhermqZO6szIi1wxYt37dFP9VODJKm-M" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 6:00pm ET.
               <a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
                Here's what these numbers mean.
               </a>
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            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 The vibes were good as Wall Streeters started a short week yesterday, with stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  soaring
                 </a>
                </span>
                <span>
                 as oil fell amid optimism that the deal struck between the US and Iran would end the hostilities impacting the global economy. The Dow clinched a new record, the Nasdaq had its best day since the end of March, and SpaceX continued reaching for the stars following its triumphant debut last week.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
            </tr>
            <tr>
             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
              <div style="line-height:22px;margin-top:0;margin-bottom:15px;padding:15px;background-color:#E8E8E8;">
               <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:0px">
                <strong style="color:#000;font-size:16px;color:#1C7FF2">
                 Markets Sponsored by MFS Investment Management
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                Portfolio architects are the new stock pickers. And with SMAs and active ETFs surging, tax efficiency is the new alpha. Complex vehicles need expert guidance. Don’t let taxes erase your gains.
                <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                 Learn more
                </a>
                .
               </p>
              </div>
             </td>
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           </table>
          </td>
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      <!-- <![endif]-->
      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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            MORAL OF THE FABLE
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Anthropic heads to DC to try to unban newest model
                </a>
               </p>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Claude Fable logo on phone with Claude logo projection" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-15%252Fimage-2ec5d8cc037464b74f4ca5860a6ecde6d6e9084a-6048x4024-jpg%252FGettyImages-2280239226.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODI4MjY0N30:1wZPzy:7AwVKciW-MMCx1YDyy_8Gd1y4r6iyXzSuDQwUg-5VqA" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
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                 <em>
                  Samuel Boivin/Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Worse than flying near a crying baby is sitting on a red eye surrounded by a group of nerds discussing the existential risk of AI. Some air passengers might’ve suffered that predicament as Anthropic
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  dispatched
                 </a>
                 senior staff to DC this week to meet with government officials. The company is hoping to convince the administration to reverse a ban issued Friday on foreigners using its powerful Fable 5 model, which prompted Anthropic to cut off all access to the model.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Anthropic debuted Fable 5 last week, claiming it was a safer version of its unreleased Mythos model—which it says has potent cybersecurity capabilities that can be weaponized by hackers. But it took Fable down on Friday after the Trump administration restricted its use to Americans only, citing national security and findings that its safeguards could be bypassed by bad actors.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Now, Anthropic is negotiating with administration officials to bring Fable back online. “Both parties are working quickly to get this resolved,” an Anthropic spokesperson told the WSJ yesterday. “This is part of our ongoing commitment to working alongside the administration toward our shared goal of protecting US critical infrastructure and the US lead in cyber defense.”
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700;color:#000!important">
                 Fabled dispute
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The Trump administration’s decision came after Amazon (an Anthropic investor) reportedly told officials that it had found ways to jailbreak Fable to make it a potential asset for hackers:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Officials told Politico they restricted Fable after Anthropic failed to address safety concerns in a timely manner.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   An Anthropic insider countered that it was given a 90-minute deadline to voluntarily take the model offline “with no details on the actual threat,” per Politico. The company claims that the jailbreaking threat applies only in narrow cases and that the risk is about the same as similarly powerful tools from rival OpenAI and some Chinese models.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Meanwhile, a group of cybersecurity pros signed an open letter to the government yesterday supporting Anthropic,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  claiming
                 </a>
                 that it’s important for security experts to have access to models like Fable 5 to help them fortify systems against attacks.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  It’s not Anthropic’s only DC business…
                 </strong>
                 the company is also currently suing the Defense Department
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  seeking a reversal
                 </a>
                 of its designation as a supply chain risk.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The issue is bigger than Anthropic:
                 </strong>
                 Critics said that the government’s decision to ban Fable didn’t follow a transparent procedure and could have a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  chilling effect
                 </a>
                 on other AI labs. However, some commentators said it was natural that the government was regulating the model after Anthropic spent weeks touting how dangerously powerful its AI can be.
                 <em>
                  —SK
                 </em>
                </p>
               </td>
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            Sponsored By PGIM
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            <a style="text-decoration:none;color:#000!important;border-bottom:none!important" target="blank">
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              A tale of tailwinds and thicker tails
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            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
             Markets are nearing an inflection point as growth remains supportive, even as geopolitical risks intensify.
            </p>
            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
            </p>
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             Fiscal spending across major economies, a technology-driven investment boom in the US and China, and a still-accommodative liquidity backdrop continue to underpin markets.
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             PGIM’s
             <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
              <em>
               2026 Mid-Year Outlook
              </em>
             </a>
             examines the forces shaping today’s environment, including the AI investment cycle, evolving rate dynamics, geopolitical developments, and why selectivity is becoming increasingly critical for investors.
            </p>
            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
            </p>
            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
             It also highlights where diversification and income opportunities may be most compelling.
            </p>
            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
            </p>
            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
             Across asset classes and regions, PGIM
             <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
              outlines actionable themes to help investors
             </a>
             navigate a more complex, higher-yield environment and position portfolios for opportunities ahead.
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             <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
              Read the full report
             </a>
             .
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            WORLD
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                 Tour de headlines
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              <img alt="Fuel pumps labeled USA Gas at a gas station" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-16%252Fimage-5abd7afaad2da9d92871cf48960bc39fbb74ac02-1024x668-jpg%252FGettyImages-2274507231.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODI4ODM4M30:1wZPzy:EzDmDPpM0d-Ss50Ibgr7weeJpchU37q5LHPANOKLz9w" style="width:100%;max-width:670px;display:block" width="670"/>
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                 <em>
                  Justin Sullivan/Getty Images
                 </em>
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                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Ffuel-pump_26fd.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODI4OTM5fQ:1wZPzy:O6jR7AD5mYFub7I7hnPLqtip9l50e2Zv2z1xb9CGn4s" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Gas prices fell below $4 for the first time since April amid Iran deal optimism.
                 </strong>
                 As oil prices dropped following the news of a preliminary peace deal between the US and Iran, US national average retail gasoline prices
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  fell
                 </a>
                 to $3.997 a gallon on Sunday, according to data from GasBuddy, though Reuters reports prices are still up nearly 91 cents from a year ago. The details of the deal remained largely
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  unknown
                 </a>
                 yesterday, even after President Trump said it was “all signed.” And difficult issues, including the status of Iran’s nuclear program, have been left to future negotiations. There also seem to be disagreements about the deal’s
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  impact
                 </a>
                 on Israel’s fight with Hezbollah in Lebanon. Plus, getting oil
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  traveling
                 </a>
                 through the Strait of Hormuz at pre-war levels could still take weeks or even months, per AP.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Ftelevision_1f4fa.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODI5MDMyfQ:1wZPzy:xOZIrk1A05y3KHjB7iiolbd-w7rtsSORzImNvTS7avQ" style="max-width:18px" width="18"/>
                  Fox to buy Roku for $22 billion to reach streaming customers.
                 </strong>
                 Roku City will soon have a new sheriff in town: Fox Corp. has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  agreed
                 </a>
                 to purchase Roku in a cash-and-stock deal for $160 per share that would give it access to the 100 million global households with purple buttons on their remotes. The deal, expected to close next year, combines Fox’s sports, news, and entertainment content (and the streaming company it already bought, Tubi) with Roku’s popular platform, marking a big move into streaming for Fox as traditional TV’s popularity wanes. “This is a defining moment for Fox,” Fox CEO Lachlan Murdoch said, calling it a “natural extension” of the company’s strategy.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fsoccer-ball_26bd.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODI5MTI4fQ:1wZPzy:-2Ee1g8_FmcEgndAi4uT40xSgpjMdQfYr5KYHtTIzfI" style="max-width:18px" width="18"/>
                  World Cup’s hydration breaks stir up controversy.
                 </strong>
                 FIFA is mandating three-minute hydration breaks, pausing about 22 minutes into each half of the game for players to drink, and not since someone’s mom forgot to cut up oranges have water breaks at soccer games been so
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  divisive
                 </a>
                 . The justification for the change to the usually continuous game is to protect athletes playing in extreme heat, but FIFA has also allowed broadcasters to cut to commercials during these breaks—something Fox, the English-language US broadcaster, is taking advantage of. That could add up to more than 800 additional advertising slots during the tournament, per Bloomberg. But the extra pause has drawn complaints from some players and fans, who say it disrupts the game’s flow.
                 <em>
                  —AR
                 </em>
                </p>
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            WHAT'S ALL THIS THEN?
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Britain bans kids under 16 from social media
                </a>
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                 <em>
                  Unsplash
                 </em>
                </small>
               </span>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 UK teens will need to go back to reviewing their beans and toast by passing notes in class. Prime Minister Keir Starmer
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  announced
                 </a>
                 yesterday that Britain will ban anyone under 16 from using social media sites, including Snapchat, TikTok, YouTube (though not YouTube Kids), X, Facebook, and Instagram.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The ban is wildly popular in the UK:
                 </strong>
                 A December YouGov poll reported 74% of people surveyed in the country support it.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The UK’s move comes amid a flood of blanket bans aimed at protecting youth mental health by keeping kids off social media that was kicked off by
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Australia
                 </a>
                 last December. Other countries like Spain, France, Canada, Brazil, Malaysia, and South Korea have either passed or are exploring similar legislation.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Do these bans work?
                 </strong>
                 Um…maybe! Most of them are too recent to make a definitive call yet.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   In Australia, surveys suggest that seven in 10 kids under 16 who used social media before the country’s ban still have their accounts. This is mostly because age verification is extremely difficult to enforce.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   YouTube, Snapchat, and Meta have all separately argued that blanket bans can push children into less safe, unregulated spaces online. TikTok and X didn’t immediately respond to the UK’s announcement.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  It’s not just social media companies that oppose the bans.
                 </strong>
                 Critics claim the bans compromise free speech and privacy, and that they remove pressure from companies to address addictive algorithms.—
                 <em>
                  MM
                 </em>
                </p>
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            READER POLL
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                  <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                   Should governments ban kids from social media?
                  </p>
                 </div>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Yes, it’s a public health issue.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  No, it should be up to parents.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Social media companies shouldn’t allow kids even without the government saying so.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Nah, kids will use it no matter what, and that's fine.
                  <br/>
                 </a>
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            Sponsored By The Points Guy
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              Keep cards moving smoothly.
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             . That’s not a swipe right for security, business, or brunch points.
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            GRANDE FLUBACCINO
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               <img alt="Protestors outside of Starbucks in South Korea" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-15%252Fimage-b6b536aa73dc7a7717319590107f287a0370ccb2-7364x4909-jpg%252FGettyImages-2277787192.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODI5Nzc4Mn0:1wZPzy:9vuSG8oq8fWi11xazNjarvKKfAeY_FznbMW6201xpXM" style="width:100%;max-width:670px;display:block" width="670"/>
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                  Pedro Pardo/Getty Images
                 </em>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 And the Kendall Jenner Pepsi Award for Insensitive Marketing Campaign goes to Starbucks Korea: After launching a promotion that was widely criticized for making light of an infamous massacre, the coffee giant’s South Korean stores will
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  close early
                 </a>
                 next Monday for mandatory history and sensitivity training, Starbucks Korea announced yesterday.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  What happened:
                 </strong>
                 To celebrate its new steel “Tank” coffee tumblers, Starbucks Korea declared “Tank Day” on May 18…the anniversary of the country’s 1980 military crackdown that killed hundreds of pro-democracy protesters in Gwangju. It gets worse: The campaign’s slogan, “Thwack it on the table!”
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  mirrored
                 </a>
                 a false statement police gave after killing a pro-democracy student years later. Marketers reportedly chose it after asking AI for suggestions.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Starbucks Korea canceled the campaign and fired its CEO within hours, but the damage was done:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Videos of South Koreans smashing the “Tank” tumblers were all over social media.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Police booked the CEO and the billionaire chairman of Starbucks Korea’s parent company as criminal suspects, accused of insulting the Gwangju victims and their relatives.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Card payment volumes at South Korea’s Starbucks locations dropped by 26% in one week, according to market data.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  “We are deeply sorry for an unacceptable marketing incident,”
                 </strong>
                 Starbucks Corporation said. The coffee giant licenses its brand in South Korea (its third-largest market), but doesn’t hold equity there.
                 <em>
                  —ML
                 </em>
                </p>
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            MATTY’S WORK-LIFE BALANCE
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Stop trying to shove your 9-5 into 9-5
                </a>
               </p>
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              <img alt="Illustrations of work and personal tasks in boxes." src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-15%252Fimage-9250e51723c3bab027cda2da44a30c098354b76a-1500x1000-jpg%252FMBD_061592026_Microshifting_04.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODMwMjUxMn0:1wZPzy:i95np4fahfTzrAQyuxE_Xyofo3S6UqbiZf-kMCniJ_Y" style="width:100%;max-width:670px;display:block" width="670"/>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Niv Bavarsky
                 </em>
                </small>
               </span>
              </p>
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                 <em>
                  On Tuesdays, the Brew’s Matty Merritt brings you the news you need to make life a little easier during your 9-5, 5-9, or OOO.
                 </em>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Taking a long lunch and clocking in for a few hours after dinner finally has a name:
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  microshifting
                 </a>
                 .
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Working in shorter, more focused bursts throughout the day instead of adhering to a strict eight-hour schedule is trending, according to the WSJ. The less rigid schedule informally popped up when Covid pushed people to work from home and the temptation of doing laundry while on the clock was too strong. But it has remained popular as employees and managers alike discovered that a nontraditional schedule can reduce burnout, increase productivity, and make a huge difference for workers with caregiving responsibilities.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Not everyone can make their own schedule, of course, and the flexibility comes with a lot of trust from your boss. But you don’t have to go full microshift to get the benefits: You can take steps as simple as blocking off time for focus and ignoring busy work like responding to emails during that time.—
                 <em>
                  MM
                 </em>
                </p>
               </td>
              </tr>
             </table>
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            Sponsored By Vuori
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           <img alt="Sponsor: Vuori" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-15%252Fimage-10503ded8dcb1386c3cf81fd4e6d705bf4aa74d5-2222x1482-png%252FScreenshot2026-06-15at9.35.43AM.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODMwMzYyM30:1wZPzy:m3iQH1bdWBTzEYmahNdz8Tln6BQbeQ2TbnOUpFSdLOI" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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            <p style="margin-top:0;margin-bottom:15px;line-height:22px">
             <strong style="color:#000">
              Never short on style.
             </strong>
             Vuori’s
             <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
              Banks Session Shorts
             </a>
             can handle whatever the day throws at you. They crafted these with versatility in mind by incorporating 4-way stretch, a back zipper pocket, and an impressive range of colors.
             <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
              Grab your own or gift a pair
             </a>
             .
            </p>
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            NEWS
           </p>
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                 What else is brewing
                </a>
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                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Kevin Warsh
                   </a>
                  </span>
                  <span>
                   will begin overseeing his first meeting of the Fed’s rate-setting committee today, with an announcement on interest rates tomorrow (they’re expected to remain steady).
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Eight people
                   </a>
                  </span>
                  <span>
                   were killed when a B-52 bomber crashed shortly after takeoff at a US Air Force base in California, the military said yesterday.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    California Gov. Gavin Newsom
                   </a>
                  </span>
                  <span>
                   accused President Trump of ordering the Department of Justice to investigate him and his wife, saying in a video, “He’s coming after me because I am considering running for president.”
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Nvidia
                   </a>
                  </span>
                  <span>
                   is looking to raise at least $20 billion by selling bonds as tech companies continue to spend big on building out AI infrastructure.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Swiss voters
                   </a>
                  </span>
                  <span>
                   rejected a referendum that would have capped the country’s population at 10 million to curb immigration, avoiding a potential clash with the EU.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Tyra Banks
                   </a>
                  </span>
                  <span>
                   sued Netflix for defamation, claiming that the three and a half hours she spent being interviewed for a documentary about
                  </span>
                  <span>
                   <em>
                    America’s Next Top Model
                   </em>
                  </span>
                  <span>
                   were edited down to a misleading 16 minutes.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Oliver Tree
                   </a>
                  </span>
                  <span>
                   , an American singer and comedian, was killed Sunday in a helicopter crash in Brazil.
                  </span>
                 </li>
                </ul>
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            RECS
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              <img alt="To-Do List" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-24%252Fimage-ff42f96869558a4ad4ab4f10936a3830dbf1d044-1350x330-png%252FMB_newsletter_banner_new.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODE2MDE3NDIuODMwNDc5OX0:1wZPzy:iMinyvoylk28EYJ8sW8Q1f02NaoQ0lFJIurh7JcaOfo" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
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                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODMwNTc1NX0:1wZPzy:OB15TQFAhm75_ZRnvppre1qdxSudJHXmxbhkNKDXB3M" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Travel:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   best new hotels
                  </a>
                  in the world.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODMwNjY3NX0:1wZPzy:96QoQLjDQBNQ2N8MvOzjcB9a6C8StHA6k1-1vD1bxHQ" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Neaten up:
                  </strong>
                  11 ways you’re
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   cleaning your house wrong
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODMwNzYyfQ:1wZPzy:V60-hsyYjuRg1HvHE-yy2f9Luwde2t6OiVemTuWZ-xg" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Play:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   This game
                  </a>
                  tests your geography knowledge by asking for the fewest border crossings between two countries.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODMwODU4fQ:1wZPzy:EjLnREOQoppHVRePoq0iza7p9Sk62rYYSOjogkEO0Ng" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Sparkle:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   USB outdoor lights
                  </a>
                  that don’t take up too much room.**
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODE2MDE3NDIuODMwOTUyfQ:1wZPzy:o5maUhqlxABQ7Le7-lTual2zPAfzjv7bw1LKsAftfJY" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Cell-ing point:
                  </strong>
                  Tello’s offering their
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   10GB phone plan at $10
                  </a>
                  for the first three months. Valid for new customers and new lines.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Offer ends tomorrow
                  </a>
                  , June 17.*
                 </p>
                 <placementslot data-id="c548a795a5b0">
                 </placementslot>
                 <placementslot data-id="6dc13cabfa9e">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
                 </p>
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            PLAY
           </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Mini:
                 </strong>
                 Your sample clue of the day is “Join the flow of traffic.”
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Play the Mini here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700;color:#000!important">
                 Literary trivia
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today is Bloomsday, a celebration of which stream-of-consciousness Irish novel that takes place on June 16, 1904?
                </p>
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            SHARE THE BREW
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                <a>
                 <img alt="Referrals Get Rewarded" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F186d427b237afa331a96448ae17d5a27b6d8ca2a-1350x330.png%253Fw%253D1340%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODE2MDE3NDIuODMxMTYzfQ:1wZPzy:YDeQj-6kFSNAFMt7-cNWDSn8IFkVGmQQC3uougJjmEY" style="width:100%;max-width:670px;margin-bottom:15px;display:block" width="670"/>
                </a>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Share the Brew, watch your referral count climb, and unlock brag-worthy swag.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Your friends get smarter. You get rewarded. Win-win.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <b>
                  Your referral count:
                 </b>
                 0
                </p>
                <a class="stb-btn" style="color:#fff;text-align:center;background-color:#1c7ff2;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important">
                 Click to Share
                </a>
                <p style="margin-top:15px;margin-bottom:15px;line-height:22px">
                 Or copy &amp; paste your referral link to others:
                 <br/>
                 <a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  morningbrew.com/r/?kid=979c4554
                 </a>
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            ANSWER
           </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <em>
                  Ulysses
                 </em>
                 by James Joyce
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <span style="text-decoration:underline">
                  Word of the Day
                 </span>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: predicament, meaning “a difficult, perplexing, or trying situation.” Thanks to Jack from Denver for getting us out of a pickle by offering a suggestion. Submit another Word of the Day
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  here
                 </a>
                 .
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               ✷ A Note From MFS Investment Management
              </strong>
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               This paid content was created with our sponsor and does not necessarily reflect the opinions or point of view of Morning Brew.
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