CH. Résia Letter — 2026-05-11
CH. Résia Letter Premium Daily Market Intelligence — May 11, 2026 Institutional-style macro and cross-asset briefing generated from the Bayesian market stack. 1. Executive summary What matters today * Global equities remain under pressure: S&P 500 is down +7.45% over one month with a 19% risk-off posterior. * Growth leadership