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   Daily 2025-12-13
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   Plus, OpenAI challenged Google and Anthropic | Your Daily Brief is ready |
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               Sat, Dec 13 | 3:09 read time
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                       All metrics are as of the latest market close.
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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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                         <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:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          1.06% ▼
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          6,828
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          GOLD
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.40% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $4,330
                         </td>
                        </tr>
                        <tr>
                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          BITCOIN*
                         </td>
                         <td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          2.52% ▼
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $90,212
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *24-hour change
                         </td>
                        </tr>
                       </tbody>
                      </table>
                     </td>
                    </tr>
                   </tbody>
                  </table>
                 </td>
                </tr>
               </tbody>
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               <tbody>
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                 <td style="vertical-align:top;padding:0;">
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                   <tbody>
                    <tr>
                     <td align="left" style="font-size:0px;padding:0;word-break:break-word;">
                      <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
                       <tbody>
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                         <td style="font-size:12px;font-weight:700;width:40%;vertical-align:baseline;padding:10px 0 0 0">
                          FTSE 100
                         </td>
                         <td style="font-size:12px;color:#EA3459;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          0.56% ▼
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          9,649
                         </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">
                          0.18% ▼
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          $61.17
                         </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">
                          0.01% ▲
                         </td>
                         <td style="font-size:12px;width:30%;vertical-align:baseline;text-align:right;padding:10px 0 0 0;font-family:Trispace,monospace">
                          4.14%
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *10-year government yield
                         </td>
                        </tr>
                       </tbody>
                      </table>
                     </td>
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                   </tbody>
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                 </td>
                </tr>
               </tbody>
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</td></tr></table>
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          <tbody>
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             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
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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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                    <td style="width:536px;">
                     <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%252F119%252F636%252F878%252FJWBKNELpyQ2vlZXPQPvbX5R93%252F72fa9833adebf20e5a9a0ab2a0b67cfbd94f2242.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D32c5ecdc3fe3f94edbedd55ae0e09ed9/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjU2MTMxNjUuOTI3MTZ9:1vUKdh:Taq8HwxdIK6wecJ_TYVDdbxX04R7vf8vz6OR1AZA_SQ" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="536"/>
                    </td>
                   </tr>
                  </tbody>
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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">
                        📈 Silver’s price shot heavenward, more than doubling gold’s rally
                       </p>
                       <p data-block-key="f7ncp">
                        🧠 OpenAI hit “patch update” on humanity’s
collective brain, rolling out GPT-5.2 – a souped-up model built to beat Google and Anthropic
                       </p>
                       <p data-block-key="cap02">
                        <b>
                         👇 Keep reading to find out more
                        </b>
                       </p>
                      </div>
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                     👀
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                     Today's headlines
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                   <mj-raw>
                    <span style="background-color:#EFFF0D;display:inline">
                     Heaven-Bound
                    </span>
                   </mj-raw>
                  </div>
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                      <a target="_blank">
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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="711o6">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="bqm6t">
                    Silver’s volatile track record earned it the nickname “devil’s metal” – but after a 122% uptick this year, investors might be seeing it as more of a guardian angel instead.
                   </p>
                   <p data-block-key="bqhld">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="aabkl">
                    Silver has friends in high places. The US government recently deemed it a "critical mineral” – essential in many tech products, EVs, and solar power solutions. And the country’s putting its money where its mouth is, stockpiling the metal and bolstering its price. Institutional and retail investors have cozied up to the shiny stuff, too. They like silver’s reputation of holding its value over time, even throughout
periods of volatility.
                   </p>
                   <p data-block-key="fmk11">
                    ▶ That’s also why investors have piled into gold – and with central banks (especially those in emerging markets) on their own buying spree, the yellow metal’s price has jumped 65% this year.
                   </p>
                   <p data-block-key="2p8ic">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="66h3p">
                    <b>
                     <i>
                      For markets:
                     </i>
                    </b>
                    <i>
                     All that glitters ain’t gold… or silver, for that matter.
                    </i>
                   </p>
                   <p data-block-key="661jc">
                    Investors have backed copper, too, sending its price
up by 36% this year. The metal might not be as glamorous as gold or silver, but it’s used to build clean energy solutions and AI data centers – and boy are we seeing a lot of them built right now. Add in some supply disruptions, and you can see the reason for copper’s rally.
                   </p>
                   <p data-block-key="atbsr">
                    ▶ Investors haven’t stopped at the metals themselves: they’ve also pushed up funds that track companies mining the stuff. The SPDR S&amp;P Metals ETF is up 86% this year – while the VanEck
Gold Miners ETF and iShares MSCI Global Silver ETF have risen 154% and 192% respectively.
                   </p>
                   <p data-block-key="dvrvc">
                    <b>
                     <i>
                      For you personally:
                     </i>
                    </b>
                    <i>
                     The halo effect.
                    </i>
                   </p>
                   <p data-block-key="5151q">
                    Investors aren’t glued to tech anymore. AI’s sky-high costs and hazy payoffs have them sprinkling more cash across different sectors, countries, and commodities. Silver’s in that last category – and while it looks like a safe bet right now, it
                    <i>
                     could
                    </i>
                    live up to that “devil’s metal”
reputation at any moment.
                   </p>
                  </div>
                 </td>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
                   You might also like ⇢
                   <a>
                    How To Add Balance To Your Portfolio
For A Long, Easy Ride
                   </a>
                  </div>
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                     📈
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                    <span style="font-style:italic">
                     Chart
Of The Day
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                     SPONSORED BY ART CONSORTIUM
                    </span>
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                      <a target="_blank">
                       <img alt="Art Consortium" 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%252FArt_Consortium_Banner_-__Newsletter_-_Apple_V2.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Dfd739eed7600d1d45f705a0f884bef5d/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NjU2MTMxNjUuOTI3NTI5M30:1vUKdh:ZRJlyFCBT7qhWOR7e7bwXSx1_5twzkvopy85EtVGLtU" style="border:0;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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                  <div style="font-family:Inter,sans-serif;font-size:14px;line-height:1.5;text-align:left;color:#000000;">
                   <h4 data-block-key="befbf">
                    <b>
                     Actually, investing in art can work more like… investing
                    </b>
                    <br/>
                   </h4>
                   <p data-block-key="15j68">
                    Art investing has always required a ton of patience: buy in, then wait… and wait… and maybe sell years down the line.
                    <br/>
                   </p>
                   <p data-block-key="56j87">
                    The Art Consortium says it doesn’t have to be like that. Its
                    <a>
                     tradeable art securities
                    </a>
                    give you the freedom to buy and sell when you want – no locked-up timelines, no “check back in 2040”.
                    <br/>
                   </p>
                   <p data-block-key="aetk9">
                    They make this a rare-finds asset class that actually behaves like a real market. And with access poised
to open to
                    <a>
                     over 200 million museum lovers
                    </a>
                    and 430,000 high-end collectors, this market is set to be
                    <a>
                     both liquid and in demand
                    </a>
                    . Because, hey, art may be timeless, but no one’s investing goals are.
                   </p>
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                       <span style="color:#FFFFFF">
                        Find Out More
                       </span>
                      </a>
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                   Please see important disclosures below*
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                   <p data-block-key="qo577">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="n4d8">
                    OpenAI dropped a fresh season of its flagship lead: ChatGPT-5.2 – a smarter, faster model designed to stop Google and Anthropic from stealing the plot.
                   </p>
                   <p data-block-key="chtme">
                    <b>
                     What
does this mean?
                    </b>
                   </p>
                   <p data-block-key="2gk6h">
                    This version of ChatGPT is like a junior consultant on three cups of coffee at all times: the chatbot can pump out spreadsheets, presentations, and long-form projects like the best of them. Now, you might have noticed that this launch – of GPT-5.2 – is mere weeks after the rollout of GPT-5.1. But you can see why OpenAI had to hustle. Google’s Gemini 3 and Anthropic’s Opus 4.5 were rivaling GPT-5.1 on performance, so the OG chatbot had to get
smarter – stat.
                   </p>
                   <p data-block-key="bo1eq">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="70i83">
                    <b>
                     <i>
                      Zooming out:
                     </i>
                    </b>
                    <i>
                     A different kind of magic.
                    </i>
                   </p>
                   <p data-block-key="a1p5q">
                    You could argue that AI products are almost magical, transforming complex human inputs to methodical outputs, before pulling solutions out of a hat – or, uh, data center. So maybe that’s the crossover that sparked a $1 billion deal between OpenAI and Disney. The landmark agreement will let the
startup use beloved Disney characters within its video generation tool Sora.
                   </p>
                   <p data-block-key="abbqq">
                    ▶ Disney is just one of many big established firms hoping that AI will help protect its brand, cut costs, and increase revenue. Investors will want to keep track of that, though, to see whether such partnerships actually pull bottom lines up – or put customers off.
                   </p>
                   <p data-block-key="c4f8">
                    <b>
                     <i>
                      For markets:
                     </i>
                    </b>
                    <i>
                     Talk about high expectations.
                    </i>
                   </p>
                   <p data-block-key="6o20j">
                    Investors
have come to expect a lot from the AI sector – so much so that companies are struggling to deliver. Just look at Broadcom: the American chipmaker revealed a decent quarter and a hulking order sheet on Thursday – and yet, investors sent the stock
                    <i>
                     down
                    </i>
                    . That’s because Broadcom failed to raise its long-term forecast, warning that cheaper AI chips are weighing on profitability.
                   </p>
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of the day
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                   <strong>
                    "You can't depend on your eyes when your imagination is out of focus."
                   </strong>
                   — Mark Twain (an American writer and humorist)
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                       <p data-block-key="aaghi">
                        1.
                        <b>
                         Drink up.
                        </b>
                        The
                        <a>
                         relationship between water and AI
                        </a>
                        might not be quite what you imagined.
                       </p>
                       <p data-block-key="7jv32">
                        2.
                        <b>
                         So much for your Duolingo streak.
                        </b>
                        Google Translate can practically
                        <a>
                         make you a local now
                        </a>
                        .
                       </p>
                       <p data-block-key="c1sjq">
                        3.
                        <b>
                         This calls for a Happy Meal.
                        </b>
                        McDonald’s is having a press nightmare – and it’s
                        <a>
                         all
because of AI
                        </a>
                        .
                       </p>
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              Stay classy,
              <mj-raw>
               Sarah
              </mj-raw>
              😉 This issue of the Daily Brief was curated by
              <a style="color:inherit;font-weight:inherit">
               Naomi
              </a>
              and
              <a style="color:inherit;font-weight:inherit">
               Russell
              </a>
              . Got an idea? A question?
              <a>
               Get in touch
              </a>
              .
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                   <mj-raw>
                    <span style="font-style:normal">
                     💌
                    </span>
                    <span style="font-style:italic">
                     THAT
WAS GREAT FOR US... HOW WAS IT FOR YOU?
                    </span>
                   </mj-raw>
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              <tbody>
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             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:separate;width:100%;line-height:100%;">
              <tbody>
               <tr>
                <td align="center" bgcolor="#f8f9ff" role="presentation" style="border:none;border-radius:4px;cursor:auto;mso-padding-alt:10px 25px;background:#f8f9ff;" valign="middle">
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               <br/>
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