Week of June 9 - June 16th

SpaceX went public — and made history.

Elon Musk’s rocket company hit the stock market Thursday and instantly became one of the most valuable companies ever listed. Think of it like a legendary sports franchise finally selling shares to the public for the first time — and everyone wanted in. When something this large and culturally significant goes public and investors rush in, it sends a signal that confidence in the future is alive and well. Markets rose broadly on the news, and if you have a 401(k) or any kind of retirement account, you likely felt it.¹

Prices are rising again.

Last week’s inflation report showed everyday costs jumped more than expected, driven by energy — meaning gas, utilities, and groceries. We’d spent much of the last year watching inflation cool. This report put that progress on pause, and the relief many people were starting to feel may be premature.²

Borrowing is about to get harder.

With inflation back on the rise, the hope that interest rates would fall this year is fading. The Federal Reserve won’t cut rates while prices are climbing — which means mortgages, car loans, and credit cards stay expensive. If you’ve been waiting for rates to drop before making a big financial move, that window is closing.³

New Fed Chair Kevin Warsh makes his first public statement today. What he signals will shape your borrowing costs for the rest of the year.

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Sources

¹ CNBC, SpaceX IPO Live Updates – June 12, 2026. https://www.cnbc.com/2026/06/12/spacex-ipo-spcx-live-updates.html

² U.S. Bureau of Labor Statistics, Consumer Price Index – June 10, 2026. https://lnkd.in/giq3sbAw

³ Federal Reserve Board, H.15 Selected Interest Rates – June 16, 2026. https://www.federalreserve.gov/releases/h15/

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This content is for informational purposes only and does not constitute investment advice. Highline Wealth Partners is an SEC-registered investment adviser. Past performance is not indicative of future results. © 2026 Highline Wealth Partners

Researched and compiled with the assistance of Claude Sonnet 4.6. This newsletter represents our opined general assessment of the market environment at a specific time and is not intended to be a forecast or guarantee of future performance or results. The opinions and statements expressed are intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities or investment strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. This material may contain estimates and forward-looking statements, which may include forecasts and do not represent a guarantee of future performance. This information is not intended to be complete or exhaustive and no representations or warranties, either express or implied, are made regarding the accuracy or completeness of the information contained herein. The opinions expressed are as of June 17, 2026, and are subject to change without notice. Investing involves risks. Past performance is not a reliable indicator of current or future results, and index returns do not account for fees. It is not possible to invest directly in an index.