Graham's Death Shrinks GOP Margin as Earnings Season and Oil Surge Test Markets

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Graham's Death Shrinks GOP Margin as Earnings Season and Oil Surge Test Markets

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Markets face a critical week as Senator Lindsey Graham's sudden death from an aortic dissection narrows the Republican Senate majority to just 51 votes, complicating President Trump's legislative agenda including the SAVE America Act and defense authorization. Lady Muriel breaks down why timing matters as the Senate returns to a packed calendar. Meanwhile, earnings season kicks off Tuesday with five of the Big Six banks reporting, and analysts say Citigroup is the one to watch for the highest year-over-year improvement in returns. We cover why banks trade at a sixty-one percent discount to the S&P 500 despite strong loan growth expectations. Plus, oil prices surge as Iran declares the Strait of Hormuz closed following renewed U.S. military strikes over the weekend. West Texas Intermediate briefly touched seventy-five dollars before settling near seventy-three dollars. We explain why analysts remain cautiously optimistic despite the geopolitical shock, and what the latest shipping data reveals about actual traffic through the strait. Get your alpha before the opening bell with Signal to Alpha - essential market intelligence for July 13, 2026.

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