What this week just told us: → SpaceX went public. $2.1T valuation. Largest IPO in history. → CPI 4.2% — headline hot, core 0.2% MoM actually soft. → ECB...

What this week just told us:

→ SpaceX went public. $2.1T valuation. Largest IPO in history.

→ CPI 4.2% — headline hot, core 0.2% MoM actually soft.

→ ECB hiked. Global central banks moving hawkish.

→ FOMC Tuesday — Warsh's first meeting. Easing bias likely gone.

→