Investor optimism hit a wall as the AI trade cooled, corporate results underwhelmed, and crypto traded under $100K while weakness spread through risk assets.

Major indexes closed lower, with the S&P 500 and Nasdaq leading the slide. Tech heavyweights tied to AI dropped sharply, investors are starting to ask if the “AI boom” is already priced in. Some analysts now label parts of the market at “historically extreme” valuations.

Key earnings misses surfaced, and China’s export data disappointed, reinjecting global growth concerns. With fewer strong data points to carry this market, breadth deteriorated and risk flows pulled back.

Bitcoin slipped under $100K for the first time in months as liquidity drained and altcoin performance faltered. Major crypto-treasury firms are now sitting on heavy unrealized losses, sparking questions about structural risk and fragility in digital-asset balance sheets.

Mark Spitznagel, who made $1B in a single day during the 2015 flash crash, warns markets are mimicking 1929. Yeah, just another oracle spouting gloom and doom, right?

Vanguard and Goldman Sachs forecast just 5% and 3% annual S&P returns respectively for the next decade (2024-2034).

Bonds? Not much better.

Enough warning signals—what’s something investors can actually do to diversify this week?

Almost no one knows this, but postwar and contemporary art appreciated 11.2% annually with near-zero correlation to equities from 1995–2024, according to Masterworks Data.

And sure… billionaires like Bezos and Gates can make headlines at auction, but what about the rest of us?

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23 exits. Net annualized returns like 17.6%, 17.8%, and 21.5%. $1.2 billion invested.

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_{*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.}

Today reminded us that markets don’t just go up, and when the growth engine shows signs of stalling, sentiment can turn quickly. Tech is testing patience, earnings are demanding headlines, and crypto is feeling the squeeze. If this week’s losses deepen, the next window of opportunity may not open quietly.