💥 Cash Is King (Again), The Biggest IPO in History, The Fed's Rate Hike, and What Comes Next

Inflation Hit a 3-Year High, SpaceX Soared, and The New Market Warning You’ll Want to Hear.

In 1720, Sir Isaac Newton watched the South Sea Company stock soar. He was no fool. He had already calculated the motions of the planets and the laws of gravity. He sold early, pocketed a nice profit, and told himself he was out.

Then he watched his friends get richer while he sat on the sidelines. The temptation grew too loud. So he climbed back in, near the very top, and when the bubble burst, he lost a fortune. One of the smartest humans who ever lived later said he could “calculate the motions of the stars but not the madness of men.”

I thought about Newton this week as SpaceX went public in the largest IPO ever and made Elon Musk the world’s first trillionaire. I thought about him as inflation hit a three‑year high and the Fed quietly replaced the promised rate cut with a rate hike. And I thought about him as chip stocks, the very heart of this AI rally, cracked hard.

The biggest risk to your wealth is not the market crashing. The biggest risk is your own psychology. It is the urge…