Core Insights - eToro's decision to list Bitcoin in 2013 marked a significant shift in retail trading, expanding beyond FX and CFD markets to include cryptocurrencies [1] - The evolution of trading apps has led to a seamless user experience, with platforms introducing new products like tokenized equities and prediction markets [2] The Birth of Retail Trading - In 1990, retail trading was limited to telephone orders, with transactions taking days to settle, primarily accessible to professionals [3] - The rise of internet access allowed brokers like Ameritrade and Schwab to offer online trading services, democratizing access to financial markets [3][4] One App, Many Assets - RetailFX, founded by the Assia brothers in 2007, aimed to empower retail investors and initially focused on spot FX markets, later rebranding to eToro and expanding its offerings [5] - The introduction of Robinhood in 2013 revolutionized mobile trading by providing a platform for U.S. stocks and ETFs, enhancing accessibility for retail investors [6] Mobile Trading Apps - Modern trading apps consolidate multiple asset classes, with Robinhood and eToro leading the way in creating multi-asset retail venues in the 2010s [8] - Robinhood's mobile-first design transformed retail trading into an always-on activity, characterized by intuitive orders and frictionless funding [9] - Since 2013, Robinhood has diversified its offerings to include cryptocurrencies, options, futures, fractional shares, and prediction markets [10]

Core Viewpoint - The U.S. stock market, despite its historical performance, faces skepticism from investment experts like Jim Rogers, who has sold all his U.S. stocks due to concerns about the current economic environment and national debt levels [2][3]. Group 1: Economic Concerns - The U.S. national debt has reached $38.3 trillion, making the country the largest debtor nation in history, raising alarms about fiscal responsibility [3]. - Rogers emphasizes that the Federal Reserve's ability to manage the economy is limited, suggesting that their interventions often exacerbate issues rather than resolve them [3]. Group 2: Investment Strategies - Both Jim Rogers and Goldman Sachs CEO David Solomon advise caution in the stock market, predicting a potential drawdown of 10% to 20% in equity markets within the next 12 to 24 months [4]. - Rogers advocates for investing in precious metals like gold and silver, viewing them as reliable hedges against inflation and not subject to unlimited printing by central banks [5].

Core Insights - The importance of asset allocation in investment portfolios is highlighted, emphasizing that market fluctuations can lead to unintended shifts in the asset mix [1] - Rebalancing is essential for maintaining the desired risk profile and involves selling appreciated assets to buy underperforming ones, although it may not always enhance returns [2] - The article discusses the need to assess the current asset allocation, particularly the balance between stocks and bonds, and the exposure to international versus U.S. stocks [3][4] Group 1: Rebalancing Strategy - Rebalancing helps maintain the intended asset allocation, which may shift significantly over time, such as a portfolio moving from 60% stocks and 40% bonds to over 80% stocks [3] - The article suggests that a reasonable strategy is to keep about one-third of equity exposure in international stocks to align with global market standards [4] - It notes that growth stocks have significantly outperformed value stocks recently, indicating potential imbalances in stock types within portfolios [4] Group 2: Tax Considerations - Adjustments to the portfolio should focus on the overall asset mix rather than individual accounts, with tax-deferred accounts being the most tax-efficient for rebalancing [5] - In taxable accounts, strategies such as offsetting realized capital gains by selling holdings with unrealized losses can be employed, although this may be challenging due to a strong market [6] - The article points out that certain categories, like India equity and real estate, have posted losses, which could present opportunities for tax-loss harvesting [6]

Product Offering - Wallstreet2.0 is now available on Bitget Wallet, offering access to over 100 U_S_ stocks & ETFs with real custody [1] - Users can experience stock-market-level depth & liquidity [1] - Tokenized stock perps allow users to own equal rights as real stocks [1] - Trading involves 0 trading fees, and no account opening is required [1] - Users can enjoy up to 25x leverage on tokenized stock perps, powered by @tatadexHQ [1]

Core Points - The trade pact between the U.S. and South Korea is expected to lead to significant capital outflows from South Korea, impacting the won negatively while benefiting the Kospi index [1][2] - South Korea has committed to invest $350 billion in the U.S., with $200 billion in cash to be paid in installments capped at $20 billion per year, and $150 billion allocated for shipbuilding cooperation [2][3] - The investments will be funded through operating income from South Korea's foreign assets, which has alleviated some uncertainties regarding financing [3] Currency Impact - The Korean won is anticipated to face depreciation due to steady long-term outflows, which may limit short-term gains [4] - The won has been one of the worst-performing currencies in Asia, driven down by local investors' increasing interest in U.S. stocks [5] - Predictions suggest the won could weaken further to 1,450 per dollar over the next six months to a year [5] Investment Behavior - The private sector's reduced conversion of dollar export proceeds to won may pose depreciation risks for the currency in the coming years [6] - The National Pension Service's growing investments in overseas equities and bonds necessitate selling won for dollars, contributing to the currency's weakening [6]

Market Sentiment - Concerns about U.S. stock market valuations are rising, with 91% of fund managers believing stocks are overvalued, the highest since 2001 [1] - Veteran investor Jim Rogers has sold all his U.S. stocks, indicating a lack of confidence in the market [1] - Rob Anderson notes that record levels of stock ownership historically coincide with increased risk of downturns [2] Stock Market Performance - The S&P 500 has returned over 251% in the past decade, while the Nasdaq Composite has surged about 375% [2] - Current stock ownership among Americans has reached an all-time high, with 45% of household financial assets in stocks [2][3] - Economists warn that the high share of equities is a red flag, suggesting potential future downturns [3] Investment Strategies - Gold is highlighted as a safe haven during market downturns, with Ray Dalio emphasizing its importance in a resilient portfolio [5][6] - Historical data shows that gold prices surged nearly 25% during the 2008 financial crisis, reinforcing its role as a protective asset [7] - Gold IRAs are presented as a way to invest in gold while benefiting from tax advantages [8] Real Estate Investment - Real estate is noted for its ability to generate passive income even in downturns, making it a viable investment option [9] - Warren Buffett has expressed strong interest in real estate, indicating its value as a productive asset [10] - Crowdfunding platforms like Arrived allow for easier access to real estate investments with minimal capital [11] Art Investment - Investing in art is becoming more accessible, with platforms like Masterworks allowing investment in shares of high-value artwork [15][16] - The art market has shown significant appreciation, with a notable collection selling for $1.5 billion [15] - Masterworks has successfully distributed approximately $61 million back to investors, highlighting the profitability of art investments [17]

Overview - Chainlink launches Data Streams for U.S stocks and ETFs to support secure, on-chain tokenized RWAs [1] - The new service delivers real-time, institutional-grade pricing for assets like SPY, QQQ, AAPL, and MSFT across 37 blockchains [1] Technology and Infrastructure - Chainlink aims to address challenges such as mispricing, unfair liquidations, and regulatory gaps through metadata-rich infrastructure featuring market status indicators, circuit breakers, and freshness timestamps [2] Future Expansion - Future plans include expanding coverage to forex, commodities, and OTC assets [2] - Enabling perpetual trading, custom indices, and deeper DeFi composability for tokenized capital markets [2]

🇺🇸 Great products (USD currency & U.S. stocks)⛓️ Can leverage crypto rails (stablecoins & tokens)🌐 To reach customers globally (U.S. economy wins) ...