Nothing seems to be able stop this bull market.

All bad news is shrugged off. The S&P 500 keeps hitting new all-time highs. It’s the 8th all-time of the year. And all-time highs rarely come alone.

As counterintuitive as it may sound, all-time highs are generally a positive sign for the market.

Everything is up in 2025.

The current market rally is not driven by only one or two asset classes. It’s happening across many different asset classes.

Gold is up 28% and Bitcoin is up 26% so far this year. This is the first time ever that these two assets have been the top two performers in the same year.

The US semiconductor sector has hit record weightings in the market.

Chip stocks like Nvidia and TSMC are now among the world’s most valuable companies.

They fueled the dotcom bubble in 2000, and now they are…