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Brent Is Having Its Worst Month Since the COVID Crash.

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Two Beers Started This. Now It Fills a Palace.

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Emerging

Three Americas Currencies. Three Unrelated Bets. Zero Overlap.

Markets Open in Hours and Nobody Knows the Price of Oil. Khamenei Is Dead and Monday Will Reprice Everything.

Brazil’s Minimum Wage Has Outrun Its Economy by Six to One – and the Bill Is Coming Due

Brent Is Having Its Worst Month Since the COVID Crash.

Two Beers Started This. Now It Fills a Palace.

Oil Is Down $48 in Six Weeks. Gold Has Barely Moved.