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Devin Baker
@devinbaker.eth
Soft data always lags hard data ⬇️ Hard data drives vibes ⬇️ Soft data (vibes) make narratives ⬇️ Trump drives narratives, so soft data is driving more and more behavior in the short-term, more distracting ⬇️ Disproportionate value to following hard data ⬇️ Hard data and markets move against vibes/narratives, they realize they’ve bought into a bad narrative ⬇️ Follow hard data
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