In this episode, Scott Slayton, Partner and Chief Strategist at Capital Creek Partners, breaks down three key market themes for the week. He assesses the collapsed US-Iran ceasefire and the market's striking calm, especially oil's failure to rally. He then analyzes the hawkish June FOMC minutes, noting inflation risks skewed to the upside and calls for rate hikes. Lastly, Scott recounts Pepsi's disappointing quarter, arguing the cheap, depressed stock is overdue for shareholder-value action.