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   Daily 2026-07-29
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                       All metrics are as of the latest market close.
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                         <td class="s21">
                          S&amp;P 500
                         </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">
                          1.46% ▼
                         </td>
                         <td class="s22">
                          7,320
                         </td>
                        </tr>
                        <tr>
                         <td class="s21">
                          GOLD
                         </td>
                         <td class="s23">
                          0.46% ▲
                         </td>
                         <td class="s22">
                          $4,057
                         </td>
                        </tr>
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                          BITCOIN*
                         </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">
                          0.51% ▼
                         </td>
                         <td class="s22">
                          $63,525
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *24-hour change
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                         <td class="s21">
                          FTSE 100
                         </td>
                         <td class="s23">
                          0.24% ▲
                         </td>
                         <td class="s22">
                          10,897
                         </td>
                        </tr>
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                         <td class="s21">
                          BRENT OIL
                         </td>
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                          4.83% ▲
                         </td>
                         <td class="s22">
                          $88.15
                         </td>
                        </tr>
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                          US BONDS*
                         </td>
                         <td class="s23">
                          0.04% ▼
                         </td>
                         <td class="s22">
                          4.61%
                         </td>
                        </tr>
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                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *10-year government yield
                         </td>
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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>
                </td>
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                     <img alt="Wall Street Fear Gauge Index" class="s11" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fimages.bannerbear.com%252Fdirect%252F7Q4rjJzQn7vZo8qPOx%252Frequests%252F000%252F155%252F014%252F144%252FNgL30amMOYe1lPoqYprJxBoye%252F754cc8a3e51128a0f4cb861f8e0994de22c77600.png%253Fauto%253Dformat%2526fit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D726671a7f41f42eee16749759012896d/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODUzNjI1NDkuNTA0MDI1N30:1wpCM9:tOcb7n-49EMakv_r3GmoMDPHVzmPjVlu_29NGqGedmQ" width="536"/>
                    </td>
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                     <td align="left" class="s28">
                      <div class="s29">
                       <p data-block-key="10zqs">
                        <b>
                         💰
                        </b>
                        It was a good quarter for Microsoft – and a mixed one for Meta
                       </p>
                       <p data-block-key="cohmm">
                        <b>
                         📈 FOR PRO MEMBERS:
                        </b>
                        This model sees bitcoin moving a lot higher
                       </p>
                       <p data-block-key="6q1od">
                        <b>
                         🏦
                        </b>
                        The Fed kept interest rates steady
                       </p>
                       <p data-block-key="bvg40">
                        <b>
                         👇 Keep reading to find out more
                        </b>
                       </p>
                      </div>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
               </tbody>
              </table>
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             <!--[if mso | IE]>
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                   <mj-raw>
                    <span class="s17">
                     👀
                    </span>
                    <span class="s18">
                     Today's headlines
                    </span>
                   </mj-raw>
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                  <div class="s31">
                   <mj-raw>
                    <span class="s32">
                     Technically Good
                    </span>
                   </mj-raw>
                  </div>
                 </td>
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                  <table border="0" cellpadding="0" cellspacing="0" class="s9" role="presentation">
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                      <a target="_blank">
                       <img alt="Technically Good" class="s11" 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-290726-Earnings_1.original.png%253Fauto%253Dformat%2526fit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D0b32949f1027dedebbf7f72192d2773d/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODUzNjI1NDkuNTA0MTczM30:1wpCM9:TJ1GYZ3dvRyzqIH4GlExIIwg8L1O851VeNCx8kS1tkY" width="568"/>
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                  <div class="s29">
                   <p data-block-key="kv2fg">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="7k1re">
                    <b>
                     Microsoft
                    </b>
                    is starting to see some return on its AI investment, with strong results in Wednesday’s second-quarter earnings report – but it was a different story for
                    <b>
                     Meta.
                    </b>
                   </p>
                   <p data-block-key="ah8rn">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="4pact">
                    🔺 Microsoft’s revenues rose 18% over the same period last year, topping $90 billion –
better than the $88 billion expected. Its cloud computing arm Azure grew 43%, the fastest pace in four years, and paying customers for its AI assistant Copilot hit around 30 million, up 10 million from last quarter. And Microsoft only spent $41 billion on AI infrastructure, a touch lower than expected.
                   </p>
                   <p data-block-key="9dsni">
                    🔺 Meta’s status is more complicated: its sales reached $60.8 billion last quarter – up 28% compared to the same period last year and slightly higher than forecast.
                   </p>
                   <p data-block-key="cq595">
                    🔻 The worry is the future. Meta’s projecting lighter sales than expected next quarter, and it now won’t spend less than $130 billion on its AI build-out this year. That’s leaving investors wondering how it’ll see a return on its spending. Plus, Meta’s now embroiled in multiple costly legal battles in the US over its failure to protect young users…
                   </p>
                   <p data-block-key="12s8d">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="aoqsr">
                    <b>
                     <i>
                      The bigger picture:
                     </i>
                    </b>
                    <i>
                     Changing horses mid-race.
                    </i>
                   </p>
                   <p data-block-key="8qtme">
                    Since 2021, Microsoft has backed American AI leader
                    <b>
                     OpenAI
                    </b>
                    to the tune of $13 billion, building Copilot around it. But recently, the Clippy creator hinted that it might use a
                    <b>
                     DeepSeek
                    </b>
                    model instead – a sign that the Chinese AI startup’s cheaper offerings are closing the performance gap on US rivals.
                   </p>
                   <p data-block-key="75hbo">
                    ▶ The AI race is shifting: if models become commodities – interchangeable, competing
mainly on price – then the “winner” won’t be the company that builds the best one. Instead, it’ll be the firm that can best turn AI
                    <i>
                     usage
                    </i>
                    into profit.
                   </p>
                   <p data-block-key="458gf">
                    ▶ Microsoft and Meta, along with Big Tech buddies
                    <b>
                     Alphabet
                    </b>
                    and
                    <b>
                     Amazon
                    </b>
                    , have the distribution and infrastructure muscle. The question is whether their big AI spend will generate the returns needed to justify shareholders’ sky-high expectations…
                   </p>
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:24px;padding-right:0;padding-left:0;word-break:break-word;">
                  <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>
                    The Market
Has New Leaders – And They’re Not The Usual Suspects
                   </a>
                  </div>
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                  <div class="s16">
                   <mj-raw>
                    <span class="s17">
                     📈
                    </span>
                    <span class="s18">
                     Chart Of The Day
                    </span>
                   </mj-raw>
                  </div>
                 </td>
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               </tbody>
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                      Today's Research
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                     Bitcoin Vs. Gold: What JPMorgan’s “Fair Value” Math Gets Right (And Wrong)
                    </span>
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                   <p data-block-key="pr7ai">
                    <a>
                     Bitcoin and gold
                    </a>
                    are both having a tough year, and that got me thinking about JPMorgan’s “fair value”
model.
                   </p>
                   <p data-block-key="42mti">
                    The framework essentially benchmarks the
                    <a>
                     world’s biggest crypto
                    </a>
                    against the most trusted precious metal as a way of checking its price.
                   </p>
                   <p data-block-key="8lcda">
                    The
                    <a>
                     approach
                    </a>
                    – which the bank first floated back in 2022 – is far from perfect, but it’s a useful way to think about the price of a single Satoshi and how that stacks up against the market’s shiniest old-school asset.
                   </p>
                   <p data-block-key="3k9fj">
                    That’s today’s Insight:
                    <a>
                     what JPMorgan’s “fair value” math gets right (and wrong)
                    </a>
                    .
                   </p>
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                         Reda Farran, CFA
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                     Today's headlines
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                  <div class="s31">
                   <mj-raw>
                    <span class="s32">
                     No Surprises
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="center" class="s5">
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                  <div class="s29">
                   <p data-block-key="2r7ye">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="b5o1h">
                    The US Federal Reserve (Fed) Committee voted 9-3 in favor of holding interest rates steady at 3.5% to 3.75% on Wednesday.
                   </p>
                   <p data-block-key="a96un">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="91nij">
                    The Fed has two jobs, its so-called “dual mandate” of maximizing employment and keeping prices stable. The central bank tackles both (mostly) by
adjusting interest rates. That shapes savings returns and borrowing costs – and therefore hiring, investment, and consumer spending.
                   </p>
                   <p data-block-key="3hevh">
                    ▶ Now, US employment is holding up: June saw 57,000 new jobs and the unemployment rate drop to 4.2%. And even though core inflation is still above the Fed’s 2% target, it dropped last month to 2.6%. Inflation has likely picked up since – the reignited war in Iran is pushing energy prices up again – but the impact could be temporary if a
peace deal is agreed soon. At least, that’s probably what the Fed’s hoping…
                   </p>
                   <p data-block-key="2c2ms">
                    ⚠️ Still, markets are pricing at least one rate hike by the end of the year.
                   </p>
                   <p data-block-key="alf9h">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="bsvq2">
                    <b>
                     <i>
                      Zooming in:
                     </i>
                    </b>
                    <i>
                     More tea leaves.
                    </i>
                   </p>
                   <p data-block-key="22csn">
                    The Fed’s new chair has been on the job just two months, so everyone is watching him closely. And they’re not seeing much: he’s giving away less than his
predecessors did, on both future interest rates and his own policy views. So traders were left guessing more than usual ahead of this decision.
                   </p>
                   <p data-block-key="4tt5c">
                    <b>
                     <i>
                      The bigger picture:
                     </i>
                    </b>
                    <i>
                     Gold’s looking a little tarnished.
                    </i>
                   </p>
                   <p data-block-key="eggk1">
                    Central banks have been big gold buyers in recent years – but lately, countries that depend heavily on Middle East oil have been trimming that buying or even
                    <i>
                     selling
                    </i>
                    it to manage bigger import bills. That’s weighed
on its price.
                   </p>
                   <p data-block-key="85qc8">
                    ⚠️ Rising energy costs also stoke inflation, pushing the Fed – and others – to keep interest rates higher for longer. And that’s bad news for gold, which doesn’t earn anything just sitting there. So for gold to shine again, both energy prices
                    <i>
                     and
                    </i>
                    inflation need to chill.
                   </p>
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:24px;padding-right:0;padding-left:0;word-break:break-word;">
                  <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>
                    Gold’s Lost Some
Shine, So It’s Time To Trim The Trade
                   </a>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
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</td></tr></table>
<![endif]-->
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                  <div class="s16">
                   <mj-raw>
                    <span class="s17">
                     ✨
                    </span>
                    <span class="s18">
                     ​​​​​​​​​​​​​​​​​​​​​​​​​Sarah's Digest
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
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        <!--[if mso | IE]>
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</td></tr><tr><td class="" width="600px">
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            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:32px;padding-left:16px;padding-right:16px;padding-top:8px;text-align:center;">
             <!--[if mso | IE]>
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                  <div style="font-family:Trispace,monospace;font-size:12px;line-height:1.5;text-align:left;color:#5E6984;">
                   What others like you are reading today...
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                    AI Darlings Are Seeing Their Debt Insurance Costs Rise
                   </a>
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                 </td>
                </tr>
                <tr>
                 <td align="left" class="s5">
                  <div class="s35">
                   Credit default swap spreads on names like Oracle, Nvidia, and Meta have widened as investors question when big AI spending will pay off.
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="left" class="s34">
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                   🇰🇷
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                    South Korea Tightens The Screws On Single-Stock Leveraged ETFs
                   </a>
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                <tr>
                 <td align="left" class="s5">
                  <div class="s35">
                   After a 5.98% KOSPI drop, officials floated a 20% cap per investor and higher trading charges to cool concentrated bets.
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="left" class="s34">
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                   🚗
                   <a>
                    BMW Plans Thousands Of German Job Cuts By 2027
                   </a>
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                <tr>
                 <td align="left" class="s5">
                  <div class="s35">
                   The automaker expects its workforce to shrink by about 8,000 as it leans on voluntary redundancies in administration and development.
                  </div>
                 </td>
                </tr>
                <tr>
                 <td align="left" class="s34">
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                   🚘
                   <a>
                    Ford Lifted Its 2026 Profit Outlook Again
                   </a>
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                <tr>
                 <td align="left" class="s5">
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                   Better pricing and a fitter cost base helped push guidance to $10-11 billion in EBIT, even as tariffs and EV losses weighed.
                  </div>
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               </tbody>
              </table>
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             <!--[if mso | IE]>
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<![endif]-->
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             </div>
            </td>
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          </tbody>
         </table>
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        <!--[if mso | IE]>
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        <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" width="600px">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:568px;" width="568"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
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             <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" style="vertical-align:top;width:568px;">
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               <tbody>
                <tr>
                 <td align="left" class="s30">
                  <div class="s16">
                   <mj-raw>
                    <span class="s18">
                     The London Modern Investor Summit
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
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        <!--[if mso | IE]>
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          <tbody>
           <tr>
            <td class="s27">
             <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" style="vertical-align:top;width:568px;">
<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
               <tbody>
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                 <td class="s19">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                   <tbody>
                    <tr>
                     <td align="center" style="font-size:0px;padding:0;padding-bottom:16px;word-break:break-word;">
                      <table border="0" cellpadding="0" cellspacing="0" class="s9" role="presentation">
                       <tbody>
                        <tr>
                         <td class="s10">
                          <a target="_blank">
                           <img alt="London Modern Investor Summit" class="s11" 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%252FLON_MIS_26_Early_Bird_Pricing_1_week_left.original.png%253Fauto%253Dformat%2526fit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253Dbaedf0f0360392d999273d2e288523dc/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODUzNjI1NDkuNTA1MTI0fQ:1wpCM9:xFb3hR018c5nyO7Ahp2EgyV2XB-pfgqC6j8FmvcLzJU" width="568"/>
                          </a>
                         </td>
                        </tr>
                       </tbody>
                      </table>
                     </td>
                    </tr>
                    <tr>
                     <td align="left" class="s28">
                      <div class="s29">
                       <p data-block-key="fi5u7">
                        <b>
                         London calling. And for once, it’s not to tell you your train’s been canceled.
                        </b>
                       </p>
                       <p data-block-key="e062">
                        On October 1st, we’re bringing together 400 retail investors and some of the smartest investing pros for
                        <a>
                         a proper conversation
                        </a>
                        about what’s happening in markets.
                       </p>
                       <p data-block-key="cposi">
                        We’ll talk about where money is moving,
what might move it next, and which opportunities are worth paying attention to
                        <a>
                         before everyone else
                        </a>
                        starts talking about them.
                       </p>
                       <p data-block-key="9qbuo">
                        There’ll be food, drinks, prizes, and time to meet the speakers and other guests –
                        <a>
                         glass in hand
                        </a>
                        , ideally.
                       </p>
                       <p data-block-key="31o16">
                        Come for the
                        <a>
                         investing ideas
                        </a>
                        . Stay because you’ve missed the sensible train home anyway.
                       </p>
                       <p data-block-key="33ool">
                        And don't miss out on that first-mover advantage:
                        <a>
                         early bird pricing
                        </a>
                        ends on July 31st.
                       </p>
                      </div>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
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           </tr>
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        </div>
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</td></tr></table>
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          <tbody>
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             <!--[if mso | IE]>
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                 <td align="left" class="s30">
                  <div class="s16">
                   <mj-raw>
                    <span class="s17">
                     🖋️
                    </span>
                    <span class="s18">
                     Quote of the day
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
            </td>
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        <!--[if mso | IE]>
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<![endif]-->
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          <tbody>
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             <!--[if mso | IE]>
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<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" class="s4" role="presentation" width="100%">
               <tbody>
                <tr>
                 <td align="left" class="s5">
                  <div class="s29">
                   <strong>
                    "Rule number one: never be number two."
                   </strong>
                   – Saweetie (an American rapper)
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
            </td>
           </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]-->
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    <table align="center" border="0" cellpadding="0" cellspacing="0" class="s1" role="presentation">
     <tbody>
      <tr>
       <td class="s26">
        <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" width="600px">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:568px;" width="568"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
<![endif]-->
        <div class="s24">
         <table align="center" border="0" cellpadding="0" cellspacing="0" class="s1" role="presentation">
          <tbody>
           <tr>
            <td class="s14">
             <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" style="vertical-align:top;width:568px;">
<![endif]-->
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              <table border="0" cellpadding="0" cellspacing="0" class="s4" role="presentation" width="100%">
               <tbody>
                <tr>
                 <td align="left" class="s30">
                  <div class="s16">
                   <mj-raw>
                    <span class="s17">
                     🎯
                    </span>
                    <span class="s18">
                     On Our Radar
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]>
</td></tr></table>
</td></tr><tr><td class="" width="600px">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:568px;" width="568"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
<![endif]-->
        <div class="s24">
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          <tbody>
           <tr>
            <td class="s27">
             <!--[if mso | IE]>
<table role="presentation" border="0" cellpadding="0" cellspacing="0"><tr><td class="" style="vertical-align:top;width:568px;">
<![endif]-->
             <div class="mj-column-per-100 mj-outlook-group-fix s6">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
               <tbody>
                <tr>
                 <td class="s19">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                   <tbody>
                    <tr>
                     <td align="left" class="s28">
                      <div class="s29">
                       <p data-block-key="aaghi">
                        <b>
                         1. “Slop face”.
                        </b>
                        The new face of Hollywood is beautiful –
                        <a>
                         and desperately boring
                        </a>
                        .
                       </p>
                       <p data-block-key="eag15">
                        <b>
                         2. Leasing with an option to buy.
                        </b>
                        Apple’s getting its gadgets into more hands with
                        <a>
                         a new rental plan
                        </a>
                        .
                       </p>
                       <p data-block-key="8be3g">
                        <b>
                         3. FIFA’s new investment plan.
                        </b>
                        To say it’s
                        <a>
                         “controversial”
                        </a>
                        is probably an understatement…
                       </p>
                      </div>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</td></tr></table>
<![endif]-->
            </td>
           </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]-->
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    <table align="center" border="0" cellpadding="0" cellspacing="0" class="s1" role="presentation">
     <tbody>
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        <!--[if mso | IE]>
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          <tbody>
           <tr>
            <td align="left" class="s5">
             <div class="s29">
              Stay classy, Sarah 😉 This issue of the Daily Brief was curated by
              <a class="s36">
               Theodora
              </a>
              ,
              <a class="s36">
               Reda
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              , and
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               Russell
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               Get in touch
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                   🔥
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                  Hot stuff
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                  Just alright
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