Risk Assets Climb Wall Of Worry

This is an overview of recent developments across financial markets, crypto policy, and artificial intelligence. It highlights that major stock indices, Bitcoin, and gold are at or near all-time highs despite political volatility, with declining inflation being a key economic factor. The crypto section details a significant shift towards pro-innovation policy in the U.S., including new federal legislation for stablecoins, executive orders, and state-level adoption of Bitcoin. Finally, the AI update assesses the progress of major tech companies like Apple, Google, Tesla, and Nvidia in the AI space, noting their product launches, strategic moves, and market reactions.