Daily Report
CH. Résia Letter — 2026-05-15
CH. Résia Letter Premium Daily Market Intelligence — May 15, 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 +5.26% over one month with a 9% risk-off posterior. * Growth leadership