Daily Report
CH. Résia Letter — 2026-06-20
CH. Résia Letter Premium Daily Market Intelligence — June 20, 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 +0.74% over one month with a 84% risk-off posterior. * Growth leadership