"I jak widać na tym wykresie, jeśli nałożymy zwroty z akcji na liczbę osób w wieku od 30 do 50 lat, giełda zawsze rosła parabolicznie. I to mówi nam, że rynki, S&P, mogą osiągnąć od 15 000 do 18 000 do końca tej dekady." "And as you can see on this chart, if you overlay equity returns with uh the number of people aed 30 to 50, the stock market has always risen parabolically. And this tells us that markets the S&P could be 15,000 to 18,000 by the end of this decade."

… ut at Fundstrat, uh, which is another hat I wear, we've been bullish on stocks, uh, structurally, and a lot of it has to do with this chart. This chart is the number of people in America, age 30 to 50. Every time it goes up, the US economy will grow faster than trend. And we are seeing this above trend because of millennials, Gen Z, and Gen Alpha. And as you can see on this chart, if you overlay equity returns with uh the number of people aed 30 to 50, the stock market has always risen parabolically. And this tells us that markets the S&P could be 15,000 to 18,000 by the end of this decade. So, uh, as we think about Ethereum's price, I do think it all comes down to what Bitcoin does. So, here's Ethereum's price ratio. I think the long-term average is the number just to think about, which is 0.048 and the 2021 high of 087. If I lay that to where we think Bitcoin fair value should be, which is around 250,000, um the 2021 high average f …