Daily Briefing — July 15, 2026 | Inflation Cools, Geopolitics Heats, and Earnings Tell a Mixed Story
Published: July 15, 2026
Duration: 27:03
In this episode, we break down a day of competing signals in global markets. June CPI came in cooler than expected — the first monthly decline in six years — shifting rate expectations and giving equities a boost. But geopolitical tensions in the Middle East remain elevated, with the US resuming its naval blockade of Iran and oil prices rallying for a third day.
We cover Federal Reserve Chairman Kevin Warsh's first congressional testimony, including his announcement of a sweeping policy review and his remarks on AI investment. We analyse the earnings picture — from IBM's 25% plunge, its worst day on rec...