Chart of the day — 2026-06-20
Brent steadied near $80 while Hormuz transits sit at a tenth of normal. The gap between the priced reopening and the physical one is this week's signal. One chart.
Visual signals for investors who need to understand the world beneath the headline.

The Fed moved its own 2026 median dot above today's policy rate and put nine officials on record for a hike. For owners of long-duration everything, that is the week. One chart.
June 21, 2026
Brent steadied near $80 while Hormuz transits sit at a tenth of normal. The gap between the priced reopening and the physical one is this week's signal. One chart.
The Warsh Fed held rates, erased the last cut, and nine members now dot a hike this year. The world's largest fund just recovered $68bn from its Q1 rout. One chart.
Data-centre demand doubles to ~945 TWh by 2030. The universal owner sits on every side of it.
The part of private credit regulators can directly see — about $220 billion of bank exposure — is smaller than the part they can&
SpaceX's governance revolt, the first fund to walk away, and the $20 billion pressure valve in private credit — plus one chart.
CalPERS retires asset-allocation targets July 1, rewires staff pay next week, and the private-credit split widens — plus one chart.
Cross-asset one-day moves after May payrolls (+172,000) surprised to the upside, Friday June 5, 2026 close. Source: CNN Business,
+172k payrolls beat consensus 2-to-1, but two sectors did the work — plus a transatlantic rate split, $96 oil, and one chart.
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