Spectral Dynamics — ρ(t), anchored

Calibrated networks are crisis-date snapshots; pretending every edge has a daily time series would be invention. Anchored reconstruction moves only what the data can honestly move — and says so.

How it reads

rho_path[] on the month grid; today_decomposition names which observable did the work. A flat path is information too: the movable edges aren't where this case's risk lives.