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   Daily 2025-11-29
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   Plus, a Black Friday for CME's exchange | Your Daily Brief is ready |
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               Sat, Nov 29 | 3:01 read time
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                   Together with
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                       All metrics are as of the latest market close.
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                      <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
                       <tbody>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          S&amp;P 500
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.53% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          6,848
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          GOLD
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          1.25% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $4,255
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          BITCOIN
                         </td>
                         <td colspan="2" style="font-size:12px;color:#4C5469;font-weight:400;font-family:Trispace,monospace;width:60%;vertical-align:baseline;text-align:right;padding:10px 0 0 0">
                          scroll down for info
                         </td>
                        </tr>
                       </tbody>
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                 <td style="vertical-align:top;padding:0;">
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                   <tbody>
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                     <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                      <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
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                          FTSE 100
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.27% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          9,721
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          BRENT OIL
                         </td>
                         <td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.35% ▼
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $62.32
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          US BONDS*
                         </td>
                         <td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.02% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          4.02%
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *10-year government yield
                         </td>
                        </tr>
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                  WALL STREET FEAR GAUGE INDEX 
(
                  <a style="font-weight:400;font-family:Trispace,monospace">
                   VIX
                  </a>
                  )
                 </div>
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                     <img alt="Wall Street Fear Gauge Index" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fimages.bannerbear.com%252Fdirect%252F7Q4rjJzQn7vZo8qPOx%252Frequests%252F000%252F117%252F050%252F836%252FPwAV5rMNq6OyqK5PYkBm274Op%252F402a4bf10537c14324fc061547a87d6542a368a8.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Dd2bd17e270c0f9e266f1a1c81d75cf07/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjQ0MDM1MTUuNjI4ODkyN30:1vPFxD:ayCwmTFu75TOIBJ7EKCBRjPqGEKNc17HjFbXuORR_6Q" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
                    </td>
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                      <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                       <p data-block-key="10zqs">
                        🟡 OpenAI’s breakneck buildout is creating a massive amount of corporate debt – and not just on its own books
                       </p>
                       <p data-block-key="8pahd">
                        🔴
A major exchange went dark for hours, after a data center lost its cool
                       </p>
                       <p data-block-key="730vc">
                        ➕ Six stocks and three sectors to watch
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                       <p data-block-key="6ujmn">
                        <b>
                         👇 Keep reading to find out more
                        </b>
                       </p>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <p data-block-key="7fk80">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="e38gl">
                    OpenAI is orchestrating a massive spending spree – and its besotted partners are picking up the tab.
                   </p>
                   <p data-block-key="8i7s9">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="crg5f">
                    ChatGPT’s creator is racking up quite the bill, with new data centers and other infrastructure builds. But instead of swiping its own plastic, OpenAI’s letting its partners – including SoftBank, Oracle, and CoreWeave – borrow nearly
                    <i>
                     $100 billion
                    </i>
                    to pay for it.
                   </p>
                   <p data-block-key="9oduh">
                    ▶ That’s a huge sum: it’s roughly the same as the net debt of the world’s six biggest corporate borrowers combined.
                   </p>
                   <p data-block-key="7811j">
                    ▶ And the group’s IOUs could pile
up higher, still. Oracle alone may need to raise another $100 billion over the next four years just to meet its OpenAI contracts.
                   </p>
                   <p data-block-key="2o2vs">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="20ik6">
                    <b>
                     <i>
                      Zooming in:
                     </i>
                    </b>
                    <i>
                     Build now, pay later.
                    </i>
                   </p>
                   <p data-block-key="a6at7">
                    OpenAI can dodge the building invoices, but it’ll still need to pay Oracle and CoreWeave massive fees to
                    <i>
                     use
                    </i>
                    those data centers. And according to HSBC, it might
                    <a>
                     struggle
                    </a>
                    to pay up. The bank estimated that OpenAI could bring in some $213 billion in annual revenue by 2030, which would be about $70 billion shy of its yearly costs. That may force the AI darling to raise extra cash – unless it can renegotiate some of its expensive
contracts.
                   </p>
                   <p data-block-key="2s2d7">
                    <b>
                     <i>
                      The bigger picture:
                     </i>
                    </b>
                    <i>
                     The fat cats want their cream.
                    </i>
                   </p>
                   <p data-block-key="3ul09">
                    While OpenAI has to keep tapping investors to fund its ambitions, Alphabet has money in the bank – nearly $100 billion, to be specific. And that’s not all: the firm boasts around $150 billion in annual net cash flow (money moving in and out of its business), so it can easily bankroll its own plans. Investors seem to prefer the cash cow, with Alphabet’s
shares recently outperforming stocks tied to OpenAI’s fortunes.
                   </p>
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                    <a>
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                   </p>
                   <p data-block-key="88pba">
                    I’ve also been relying on it to decide where to set my stop-losses, so I can plan exactly where to
                    <a>
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                    </a>
                    in case things don’t go the way I expect.
                   </p>
                   <p data-block-key="apguj">
                    That might all sound a bit complicated – but I'll walk you through how it works and what it means for you today.
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                    That’s today’s
Research:
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                    .
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                    The Art of Investing,
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                    , plays out like a true-crime series for the market: every episode, the evidence gets laid out, the case for each trade is argued, and the portfolio evolves. (Latest
update: it’s up 10% since launch.)
                    <br/>
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                    The show is sharp, unscripted, and
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                    – with their nearly 100 years of combined investing experience.
And you can catch them live at this year’s
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                    .
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                    See exactly what they’re buying, selling, and cross-examining next. Start investigating The Art of Investing,
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                     Brain Freeze
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                   <p data-block-key="yy2bv">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="7247q">
                    A cooling failure at a data center forced American exchange CME to halt trading for hours, putting one of the world’s biggest markets on ice.
                   </p>
                   <p data-block-key="f1psa">
                    <b>
                     What does
this mean?
                    </b>
                   </p>
                   <p data-block-key="9aoq8">
                    The ten-hour outage froze CME’s main
                    <a>
                     futures
                    </a>
                    and options markets – from the S&amp;P 500 and Nasdaq 100 to US government bonds, oil, gold, and major currencies.
                   </p>
                   <p data-block-key="bb83r">
                    ▶ Prices on some contracts were stuck for hours, leaving investors without key market signals during an already quiet post-Thanksgiving session. That, at a
time when they had to “roll” their positions – by selling futures that are about to expire and buying next month’s ones.
                   </p>
                   <p data-block-key="1d1he">
                    ▶ The outage didn’t just impact individual investors, either. Some banks were forced to pause trades linked to bonds, contracts, and currencies as a result.
                   </p>
                   <p data-block-key="j0ch">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="lkhk">
                    <b>
                     <i>
                      Zooming in:
                     </i>
                    </b>
                    <i>
                     So much for stability...
                    </i>
                   </p>
                   <p data-block-key="5a306">
                    Investors lost sight of
a major benchmark gold price during the blackout. “Comex” futures tend to track gold’s market price in London, giving investors a real-time read on what the metal’s worth.
                   </p>
                   <p data-block-key="5bsl4">
                    ▶ So with the futures market offline, traders struggled to put a price on risk. Case in point:
                    <a>
                     bid-ask spreads
                    </a>
                    – the difference between what a buyer would pay and a seller would accept
– briefly jumped past $20 an ounce. That’s far higher than the $1 you’d usually see, and implies a pullback in trading activity. No wonder some trading desks rushed to hedge their positions.
                   </p>
                   <p data-block-key="fjfkp">
                    <b>
                     <i>
                      Zooming out:
                     </i>
                    </b>
                    <i>
                     Ice, ice, maybe.
                    </i>
                   </p>
                   <p data-block-key="3hqu5">
                    It’s not just CME: all exchanges – including Nasdaq and ICE – rely on dense networks of data centers to operate. That means they’re all vulnerable to blackouts – so as an investor, you’ll want to
find one capable of recovering fast. You can assess that based on how quickly an exchange restored real-time pricing after previous incidents, whether trading flows recovered smoothly, and how well it communicated during the freeze.
                   </p>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     📈
                    </span>
                    <span style="font-style:italic">
                     Chart
Of The Day
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
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                      <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
                       <tbody>
                        <tr>
                         <td style="width:568px;">
                          <img alt="Chart of the day" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252F2c08d39d88fb42045b0aa12e05872aad3f3a9d94.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D2a14567887a53de5a3eb40f224cdb96f/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjQ0MDM1MTUuNjI5OTc4N30:1vPFxD:GNJ8MXExNXVdBwgh2etnlVFDyXEXVxajitfjz2Z3Rs8" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
                         </td>
                        </tr>
                       </tbody>
                      </table>
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                 </td>
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       <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:24px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
        <!--[if mso | IE]>
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         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
          <tbody>
           <tr>
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             <!--[if mso | IE]>
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     🖋️
                    </span>
                    <span style="font-style:italic">
                     Quote
of the day
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
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<![endif]-->
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <!--[if mso | IE]>
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</td></tr><tr><td class="" width="600px">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="width:568px;" width="568"><tr><td style="line-height:0px;font-size:0px;mso-line-height-rule:exactly;">
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          <tbody>
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            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:32px;padding-top:8px;text-align:center;">
             <!--[if mso | IE]>
<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" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-right:0;padding-left:0;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <strong>
                    "Don't wait. The time will never be just right."
                   </strong>
                   — Napoleon Hill (an American self-help author)
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
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       <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:24px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
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               <tbody>
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</td></tr><tr><td class="" width="600px">
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              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="center" style="font-size:0px;padding:0;padding-bottom:16px;word-break:break-word;">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-spacing:0px;">
                   <tbody>
                    <tr>
                     <td style="width:568px;">
                      <a target="_blank">
                       <img alt="Behind The Balance Sheet at MIS25" 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%252FMIS25-1000x250-EmailBanner-StephenClapham_1.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D98ecfeb5dbffaf5a9e40a182e11ad3a3/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjQ0MDM1MTUuNjMwMTEwN30:1vPFxD:D4d30Rysv-stWvReXaqNNoGOp7GNHxljYgxO8ubqpQ8" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
                      </a>
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                   </tbody>
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                <tr>
                 <td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:16px;padding-left:0;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <h3 data-block-key="bxbuw">
                    <b>
                     Stephen Clapham spent years running research at billion-dollar hedge funds.
                    </b>
                   </h3>
                   <p data-block-key="7pq65">
                    Now he trains the analysts who train the analysts – and spills the juiciest bits in
                    <a>
                     <i>
                      Behind the Balance Sheet
                     </i>
                    </a>
                    , his free weekly read.
                   </p>
                   <p data-block-key="759sr">
                    It’s part stock picks, part industry gossip, part “how did nobody else catch that?”. And
                    <a>
                     it’s got thousands of readers
                    </a>
                    hanging on his every word.
                   </p>
                   <p data-block-key="2mlnc">
                    And you can find out why when he joins us at the
                    <a>
                     Modern Investor Summit
                    </a>
                    .
                   </p>
                  </div>
                 </td>
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                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;line-height:100%;">
                   <tbody>
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                     <td align="center" bgcolor="#204CE9" role="presentation" style="border:1px solid #030303;border-radius:1000rem;cursor:auto;mso-padding-alt:10px 25px;background:#204CE9;" valign="middle">
                      <a style="display:inline-block;background:#204CE9;color:#ffffff;font-family:Inter,sans-serif;font-size:13px;font-weight:700;line-height:1.2;margin:0;text-decoration:none;text-transform:none;padding:10px
25px;mso-padding-alt:0px;border-radius:1000rem;" target="_blank">
                       <span style="color:#FFFFFF">
                        Grab Your Free Ticket
                       </span>
                      </a>
                     </td>
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                 </td>
                </tr>
               </tbody>
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             <!--[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]-->
   <div style="margin:0px auto;max-width:600px;">
    <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
     <tbody>
      <tr>
       <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:24px;padding-left:16px;padding-right:16px;padding-top:0;text-align:center;">
        <!--[if mso | IE]>
<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 style="margin:0px auto;max-width:568px;">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
          <tbody>
           <tr>
            <td style="border-top:2px solid #204CE9;direction:ltr;font-size:0px;padding:20px 0;padding-bottom:0;padding-top:8px;text-align:center;">
             <!--[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" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="vertical-align:top;" width="100%">
               <tbody>
                <tr>
                 <td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0px;word-break:break-word;">
                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#030303;">
                   <mj-raw>
                    <span style="font-style:normal">
                     🎯
                    </span>
                    <span style="font-style:italic">
                     On Our
Radar
                    </span>
                   </mj-raw>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
             </div>
             <!--[if mso | IE]>
</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 style="margin:0px auto;max-width:568px;">
         <table align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="width:100%;">
          <tbody>
           <tr>
            <td style="direction:ltr;font-size:0px;padding:20px 0;padding-bottom:32px;padding-top:8px;text-align:center;">
             <!--[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" style="font-size:0px;text-align:left;direction:ltr;display:inline-block;vertical-align:top;width:100%;">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
               <tbody>
                <tr>
                 <td style="vertical-align:top;padding:0;">
                  <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
                   <tbody>
                    <tr>
                     <td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
                      <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                       <p data-block-key="aaghi">
                        1.
                        <b>
                         You don’t need a gym to stick to your routine.
                        </b>
                        You can
                        <a>
                         do these workouts from your hotel room
                        </a>
                        – then order room service as your reward.
                       </p>
                       <p data-block-key="1i2cp">
                        2.
                        <b>
                         Move over, Scrooge.
                        </b>
                        <a>
                         AI’s ruining Christmas
                        </a>
                        .
                       </p>
                       <p data-block-key="ntjb">
                        3.
                        <b>
                         Yin yoga won’t cut it.
                        </b>
                        Our bodies can’t handle
                        <a>
                         the stress of modern life
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                        .
                       </p>
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                       <p data-block-key="dqcfl">
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                         🚨 Governments &amp; public companies collectively hold $177B+ in crypto assets
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                        Track digital assets treasuries (DATs) across 150-plus entities and 14 assets, including bitcoin, ethereum and solana, on
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             <!--[if mso | IE]>
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<![endif]-->
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              Stay classy,
              <mj-raw>
               Sarah
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              😉 This issue of the Daily Brief was curated by
              <a style="color:inherit;font-weight:inherit">
               Naomi
              </a>
              and
              <a style="color:inherit;font-weight:inherit">
               Reda
              </a>
              . Got an idea? A question?
              <a>
               Get in touch
              </a>
              .
             </div>
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           </tr>
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<![endif]-->
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        <!--[if mso | IE]>
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        <!--[if mso | IE]>
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alright
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          </tbody>
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        </div>
        <!--[if mso | IE]>
</td><td class="" style="vertical-align:top;width:189.33333333333337px;">
<![endif]-->
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           <tr>
            <td align="center" style="font-size:0px;padding:12px 5px;word-break:break-word;">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;width:100%;line-height:100%;">
              <tbody>
               <tr>
                <td align="center" bgcolor="#f8f9ff" role="presentation" style="border:none;border-radius:4px;cursor:auto;mso-padding-alt:10px 25px;background:#f8f9ff;" valign="middle">
                 <a style="display:inline-block;background:#f8f9ff;color:#030303;font-family:Inter,sans-serif;font-size:13px;font-weight:normal;line-height:120%;margin:0;text-decoration:none;text-transform:none;padding:10px 25px;mso-padding-alt:0px;border-radius:4px;" target="_blank">
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        <!--[if mso | IE]>
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