Key Takeaways

Why are all asset classes rising at once?

Because the U.S. dollar is weakening and investors are chasing both growth and safety.

What does this mean for the economy?

It shows a shift toward an “asset-first” economy, where easy money and structural inflation make owning assets more important than earning income.

Everything’s going up: stocks, gold, Bitcoin [BTC], even silver.

At the same time, the U.S. dollar is sinking to its weakest point in decades. It’s quite strange that both risk and safety are rallying together. So, are things really booming, or is the dollar just breaking?

The unstoppable market rally

It’s been a record-breaking six months for global markets.

According to the Kobeissi Letter, the S&P 500 has surged nearly 40%, adding a staggering $16 trillion in market value, while the Nasdaq 100 has logged gains for six straight months.

This is a streak seen only six times since 1986.

Leading the charge are the Magnificent 7, pouring more than $100 billion per quarter into AI-driven capital expenditures as the tech boom accelerates.