Core Insights - The year 2025 was marked by significant market events, including AI advancements, political developments, and economic shifts, which required investors to continuously reassess risks and opportunities [2][3]. Monthly Highlights - **January**: Introduction of Deepseek, a project funded by a Chinese hedge fund, which explored cost-effective methods for developing Large Language Models [4]. - **February**: Political news emerged as the Trump administration prepared for potential large-scale layoffs, impacting economic outlook and consumer spending [5]. - **March**: Quantum computing gained attention, particularly during Nvidia's first-ever quantum day at its GTC conference, legitimizing the sector [6]. - **April**: The announcement of tariffs by Trump led to market sell-offs, as concerns grew over their impact on consumers and trade demand [7]. - **May**: The bond market reacted strongly, with rising rates influencing stock performance and prompting discussions around tariff adjustments [8][9]. - **June**: A public fallout occurred between President Trump and Elon Musk, highlighting tensions over fiscal policies [10]. - **July**: Regulatory changes favored nuclear power, allowing companies to operate more freely and potentially increase profitability [11]. - **August**: President Trump's attempt to remove Fed Governor Lisa Cook raised questions about his influence over the Federal Reserve [12]. - **September**: A legal ruling determined that Google was not obligated to sell Chrome, impacting the tech landscape [12]. - **October**: The longest government shutdown in U.S. history disrupted economic reporting, leading to a reliance on corporate news for market sentiment [13]. - **November**: Michael Burry's hedge fund closure signaled shifts in investment strategies [14]. - **December**: An executive order by President Trump regarding marijuana rescheduling spurred interest in cannabis stocks, leading to a sell-the-news reaction [14].