Your grandparents had a brokerage account.Your parents had an investing app.You have a wallet.That is the future of finance. ...

Kids paying for McDonalds with Bitcoin in El Salvador 🇸🇻The future is bright! 🙌 https://t.co/3Gb13WBP2i ...

The future of finance, right at your finger tips https://t.co/Tfn8lfhMRG ...

Embrace the future of finance. https://t.co/lawhkkpA7b ...

DeFi is accelerating, fast.Chef Kids (@Headchef_pcs) will be speaking at @solana Accelerate at @consensus_hk on how PancakeSwap is accelerating DeFi and expanding access to the future of finance.Solana Events (@SolanaConf):The future of finance will be decentralized.We're excited to announce our latest speaker at @solana Accelerate APC at @consensus_hk:@Headchef_pcs, Head Chef at @PancakeSwap—one of the leading DEXs globally.Come hear about how they'll be accelerating decentralization in the https://t.co/qH ...

Investment Rating - The report maintains a pro-risk stance and is overweight on U.S. stocks, particularly focusing on the AI theme as a primary driver of investment opportunities [10][45]. Core Insights - The global economy and financial markets are undergoing significant transformation driven by mega forces, especially AI, which is expected to lead to unprecedented capital spending and investment opportunities [10][11]. - The AI buildout is characterized by a front-loaded investment model, where substantial capital is required upfront, while revenue generation is anticipated to occur later, creating a timing mismatch [14][18]. - The report emphasizes the importance of active investing to identify potential winners and losers in the evolving landscape shaped by AI and other mega forces [10][45]. Summary of Sections Investment Environment - The current investment environment is marked by high leverage, increased cost of capital, and concentrated market gains, necessitating significant investment decisions [24][50]. - AI is projected to contribute significantly to U.S. growth, with capital investment expected to triple its historical average in 2026 [25][32]. Themes - **Micro is Macro**: The AI buildout is dominated by a few large companies whose spending has macroeconomic implications, necessitating careful assessment of their financial viability [35]. - **Leveraging Up**: Companies are increasingly leveraging debt to finance the AI buildout, which could lead to vulnerabilities in the financial system [46][51]. - **Diversification Mirage**: Traditional diversification strategies may not provide the expected risk mitigation, as they often represent larger active bets on market drivers [57][60]. Mega Forces - The AI buildout faces constraints, particularly in energy and infrastructure, which could impact the pace and scale of development [67][68]. - Geopolitical fragmentation and the U.S.-China rivalry are reshaping economic and military dynamics, with AI at the center of this competition [77][78]. Future of Finance - The rise of stablecoins is transforming the financial landscape, bridging traditional finance and digital liquidity, with implications for credit provision and monetary control [86][90]. Private Credit - The private credit market is experiencing increased dispersion, with larger, established lenders remaining resilient while smaller entrants face challenges [95][98]. Infrastructure - Infrastructure investments are seen as essential for supporting the AI buildout, with current valuations not reflecting long-term potential [105][111]. Emerging Markets - Emerging markets are expected to benefit from improved credit fundamentals and rising quality in sovereign debt, particularly in India, which is positioned well for long-term growth [114][125].

Company Focus - Coinbase aims to be the all-in-one app for the future of finance [1]

RT Bitcoin Magazine (@BitcoinMagazine)JUST IN: 🇦🇪 UAE National Security’s Mohammed Al Shamsi says, “#Bitcoin has become the key pillar in the future of financing.”The UAE is getting prepared 🚀 https://t.co/VhEYmZH2z8 ...

JUST IN: 🇦🇪 UAE National Security’s Mohammed Al Shamsi says, “#Bitcoin has become the key pillar in the future of financing.”The UAE is getting prepared 🚀 https://t.co/VhEYmZH2z8 ...

“In five years, the concept of a cross-border payment will sound like a cross-border email.”@jerallaire explains why the next generation of money will move near-instantly and at near-zero cost at the @IMFNews Future of Finance panel. https://t.co/klzPGeEfNX ...