The SpaceX IPO captured headlines and investors alike, but it also highlighted an enduring investment lesson: stories create excitement, while fundamentals drive long-term returns.

Money supply growth has sometimes preceded inflation surges (like the 1970s–80s and post-pandemic period) but at other times, notably after the Global Financial Crisis, remained decoupled from it, suggesting it's a useful contextual indicator rather than a reliable standalone predictor of inflation.

While oil continues to react to every geopolitical headline, the stock market has largely stopped reading them.

Oil price-driven inflation fears pushed Treasury yields higher, challenging their safe haven status.