Daily Briefing — July 20, 2026 | Oil Tops $90 as Iran Strikes Continue, Big Tech's $6 Trillion Earnings Week Begins

Brent crude crosses ninety dollars a barrel for the first time in over a month as the U.S. military enters a ninth consecutive night of strikes against Iran, reviving inflation fears at the exact moment the Federal Reserve is signaling a more hawkish stance than markets expected. We break down Kevin Warsh's June policy pivot, why thirty-year Treasury yields have climbed back above five percent, and what it means heading into this week's pivotal earnings reports from Alphabet, Tesla, and Intel — three companies with a combined market value north of six trillion dollars, reporting just as the Philadelphia Se...