We’ve had a lot of different bull narratives over the years. Every bull cycle has had its main drivers to help push a “this time we’re really gonna make some serious money”.

Sure, narrative isn’t everything. Cycles seemed to have been the main self fulfilling driving force.

But you still need a narrative for people who buy in so they can rationalize that they made a smart investment choice.

Something that will still make it make sense. Something they can tell their colleagues at the coffee machine without being too much laughed at, or just use to convince themselves that they aren’t just blindly gambling.

But it would probably have to be a bigger narrative than ETFs and a crypto President. Since neither of those really produced that big of a bang in the last bull cycle. We experienced the weakest and most disapointing bull cycle. It’s gonna make it harder to get people excited about the next one.

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