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   Daily 2026-03-14
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               Sat, Mar 14 | 3:03 read time
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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 class="s22">
                          0.61% ▼
                         </td>
                         <td class="s23">
                          6,632
                         </td>
                        </tr>
                        <tr>
                         <td class="s21">
                          GOLD
                         </td>
                         <td class="s22">
                          2.06% ▼
                         </td>
                         <td class="s23">
                          $5,020
                         </td>
                        </tr>
                        <tr>
                         <td class="s21">
                          BITCOIN*
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          1.11% ▲
                         </td>
                         <td class="s23">
                          $71,317
                         </td>
                        </tr>
                        <tr>
                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *24-hour change
                         </td>
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                      <div style="font-family:Inter,sans-serif;font-size:1px;line-height:1.5;text-align:left;color:#000000;">
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                         <td class="s21">
                          FTSE 100
                         </td>
                         <td class="s22">
                          0.43% ▼
                         </td>
                         <td class="s23">
                          10,261
                         </td>
                        </tr>
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                          BRENT OIL
                         </td>
                         <td style="font-size:12px;color:#16B166;font-weight:500;font-family:Trispace,monospace;width:30%;vertical-align:baseline;padding:10px 0 0 0">
                          3.01% ▲
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                          $103.48
                         </td>
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                          US BONDS*
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                         <td class="s22">
                          0.01% ▲
                         </td>
                         <td class="s23">
                          4.28%
                         </td>
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                         <td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
                          *10-year government yield
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                 <div style="font-family:Inter,sans-serif;font-size:14px;font-weight:700;line-height:1.5;text-align:left;color:#181c25;">
                  WALL STREET FEAR GAUGE INDEX 
(
                  <a style="font-weight:400;font-family:Trispace,monospace">
                   VIX
                  </a>
                  )
                 </div>
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                     <img alt="Wall Street Fear Gauge Index" 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%252F136%252F777%252F681%252FZwVbKlDe9Y8Mk7A7z8moa3jPM%252Fa98af619353dc3d8f9d60d5267b0fbea31929ded.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253De296dc156fe5cfd73012b5a2112a398a/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzM0NTQ3NzMuMjgwNjQ5fQ:1w1EbF:sfm6OHivn1jA2t8Mobbsl3fVgQVhrNvbL2AFN6r4a3w" width="536"/>
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                      <div class="s29">
                       <p data-block-key="10zqs">
                        🧐 The US is trying to build a case for fresh tariffs, hoping to make them stick this time
                       </p>
                       <p data-block-key="emkrf">
                        🪫 The UK’s economy flatlined in January – and that was before energy price shocks set in
                       </p>
                       <p data-block-key="9896o">
                        ➕ AI data centers in space: an investor’s guide
                       </p>
                       <p data-block-key="8sn4r">
                        <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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                     CSI: Tariffs Unit
                    </span>
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                       <img alt="CSI: Tariffs Unit" 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-130326-Tariffs.original.jpg%253Ffit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D40d8efab9e7bd0410bed7d6a0020530b/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NzM0NTQ3NzMuMjgwNzg2NX0:1w1EbF:uLrFlUvpNzEWhtg9dzfx4P16AFEg1qajlzQRc-h_mWw" width="568"/>
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                   <p data-block-key="1yu4e">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="foe4o">
                    The US wants to build a case for stiffer tariffs, and it figures there’s gotta be a crime scene
                    <i>
                     somewhere
                    </i>
                    .
                   </p>
                   <p data-block-key="13l2u">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="28u8n">
                    After the Supreme Court
                    <a>
                     nixed
                    </a>
                    a large chunk of the president’s tariffs, the US put temporary, 150-day ones in place. So now, to try to maintain as many import taxes as possible, America’s launching major trade investigations.
                   </p>
                   <p data-block-key="arrl8">
                    ▶ On Wednesday, the States launched an
“overcapacity” probe into 16 of its trading partners. The accusation is that some countries are making too much stuff and then dumping it into key global markets, like autos and – gasp – semiconductors.
                   </p>
                   <p data-block-key="ar8ds">
                    ▶ Then, on Thursday, the US opened another, separate probe into
                    <i>
                     60
                    </i>
                    different economies – this time, focusing on whether they’re working hard enough to keep forced-labor goods out of supply chains.
                   </p>
                   <p data-block-key="f3m9p">
                    The whole idea’s that if regions
are found to be overproducing or using forced labor, then the States will legally be able to apply renewed tariffs to their goods – essentially penalizing them for it. And these tariffs are seen as more durable than the ones the Supreme Court rejected.
                   </p>
                   <p data-block-key="54kh1">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="2to93">
                    <b>
                     <i>
                      For markets:
                     </i>
                    </b>
                    <i>
                     Will they, won’t they?
                    </i>
                   </p>
                   <p data-block-key="8sr59">
                    Between the original tariffs, the Supreme Court decision, the temporary
levies, and now this, investors are – understandably – a bit shaken.
                   </p>
                   <p data-block-key="e2nvi">
                    🔺 Now, any new tariffs are expected to be higher than the temporary ones, which would push the price of imported goods up. Those extra costs get passed on down the supply chain to show up in the prices of everyday stuff – right at a time when companies and consumers are already wrestling with steeper energy costs. Then, companies raise their prices even more to protect their profit margins –
leading to, you guessed it, higher inflation.
                   </p>
                   <p data-block-key="dsjug">
                    ⚠️ If that plays out, the Federal Reserve may have to delay cutting interest rates (or even hike them) – something that’d only add more weight to an already sluggish economy.
                   </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>
                    Tariffs Are Spooking Investors Into Panic-Selling – Here’s What to Do Instead
                   </a>
                  </div>
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                     📈
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                    <span class="s18">
                     Chart Of The Day
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                     AI Data Centers In Orbit: Watch This Space
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                   <p data-block-key="pr7ai">
                    Elon Musk’s pitch sounds like pure science fiction: launching vast networks of
                    <a>
                     data centers into space
                    </a>
                    .
                   </p>
                   <p data-block-key="el8oh">
                    Of course, he’s not the only one gazing upward. Amazon founder Jeff Bezos, OpenAI’s Sam
Altman, and former Google CEO Eric Schmidt are exploring the idea of
                    <a>
                     space-based computing
                    </a>
                    , too.
                   </p>
                   <p data-block-key="4le6j">
                    The logic isn’t as
                    <a>
                     far-fetched
                    </a>
                    as it might sound. Building AI infrastructure on Earth is getting harder and more expensive, with energy costs, err, rocketing, and the power grid already under strain.
                   </p>
                   <p data-block-key="3r680">
                    Orbital data centers could, at least in theory,
                    <a>
                     sidestep
                    </a>
                    some of those issues by using solar-powered satellites to run the massive processing workloads behind AI systems like ChatGPT, Gemini, and Grok.
                   </p>
                   <p data-block-key="e6t6u">
                    It’s a
                    <a>
                     moonshot
                    </a>
                    , in the truest sense of the word. And history has taught us that some moonshots change the world, while others never actually leave the launchpad. Here’s what to know now.
                   </p>
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                    That’s today’s Research:
                    <a>
                     an investor’s guide to AI data centers in space
                    </a>
                    .
                   </p>
                   <p data-block-key="5urig">
                    <a>
                     <b>
                      Read or listen to the Insight
here
                     </b>
                    </a>
                   </p>
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                     Dead Battery Britain
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                   <p data-block-key="do08p">
                    <b>
                     What’s going on here?
                    </b>
                   </p>
                   <p data-block-key="2lv5u">
                    The UK economy unexpectedly stalled in January – and now the energy shock is making it even harder for the engine to turn over.
                   </p>
                   <p data-block-key="cbg0o">
                    <b>
                     What does this mean?
                    </b>
                   </p>
                   <p data-block-key="33nba">
                    Britain failed to hit the modest 0.2% monthly growth that economists were expecting, instead flatlining. And that was
                    <i>
                     before
                    </i>
                    the
conflict in the Middle East brought higher energy prices and a general sense of uncertainty.
                   </p>
                   <p data-block-key="25mgv">
                    ▶ The UK’s main growth engine is its services sector, which contributed… exactly nothing. But at least it didn’t go into reverse, like manufacturing did.
                   </p>
                   <p data-block-key="egd85">
                    ▶ Overall, the biggest drags came from the day-to-day activity of people and businesses alike. Folks spent less on food and drink, while companies slowed hiring – signaling that belts are
tightening all over.
                   </p>
                   <p data-block-key="adheb">
                    <b>
                     Why should I care?
                    </b>
                   </p>
                   <p data-block-key="67ljj">
                    <b>
                     <i>
                      For markets:
                     </i>
                    </b>
                    <i>
                     It’s hard out there for a central bank.
                    </i>
                   </p>
                   <p data-block-key="bn7t2">
                    The Bank of England (BoE) is expected to deliver its decision on interest rates next week – and these figures have thrown a wrench into traders’ expectations. Before the conflict, they were betting that the central bank would cut rates twice this year – but more recently, they’ve been
thinking more like none: zilch, nada.
                   </p>
                   <p data-block-key="7m14m">
                    ▶ See, the UK relies heavily on imported energy, so when global oil and natural gas prices jump, the country’s energy bills naturally follow. And rising prices mean higher inflation, which would be a reason to keep interest rates where they are – or even raise them. That said, a flatlining economy usually argues for interest rate cuts to encourage spending and, therefore, growth. So with the BoE stuck between those two opposing
forces, traders seem to think its least worst move is to do nothing at all.
                   </p>
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                        What being a star at the Oscars
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                        Unless Copilot chats are part of the
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                         3. Purr-fect landing.
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                        Adding “cat falling expert” to
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<![endif]-->
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             <div class="s29">
              Stay classy, Sarah 😉 This issue of the Daily Brief was curated by
              <a style="color:inherit;font-weight:inherit">
               Reda
              </a>
              and
              <a style="color:inherit;font-weight:inherit">
               Linda
              </a>
              . Got an idea? A question?
              <a>
               Get in touch
              </a>
              .
             </div>
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<![endif]-->
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<![endif]-->
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       <td style="direction:ltr;font-size:0px;padding:0 16px;text-align:center;">
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                   <mj-raw>
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                     THAT WAS GREAT FOR US... HOW WAS IT FOR YOU?
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