Some institutions recently released their 2026 global investment outlook, highlighting several noteworthy directions. First, the scale of AI development is indeed expanding, which could drive U.S. economic growth, but the risk lies in the rising systemic leverage that needs to be monitored. Second, traditional diversified allocations are facing tests, and investment strategies need to be more flexible—either firmly committed to diversification or concentrated bets, with clear logic behind both approaches. The third key point is a positive outlook on private credit and infrastructure financing opportunities, while reducing allocations to long-term government bonds.

What’s particularly interesting is the report’s description of digital assets. Stablecoins are no longer just crypto tools; they are evolving into a bridge connecting traditional finance and digital liquidity. What does this mean? The cross-border payments and settlement sector is being redefined. From international remittances to large-value fund clearing and settlement, the application scenarios for stablecoins are expanding. This reflects changes at the financial infrastructure level—digitalization is not hype, but an inevitable improvement in payment and settlement efficiency.

The performance of AI-related U.S. stocks is also worth noting. Institutions continue to maintain a risk-on stance, indicating that despite market volatility, the long-term logic driven by technological innovation remains optimistic. Of course, this also means that selecting quality assets and controlling risks will become even more important.