Finance used to follow a rhythm. 
Boom, bust, recovery, then repeat. 

But hyper-liquid markets are making those cycles irrelevant.

Look at 2023–2024. 

No clear bull or bear markets. 
Just fragmented volatility clusters. 

A world where capital never resets (just rotates)

AI doesn’t wait for cycles. Liquidity migrates instantly. 
Capital reacts in milliseconds. 

There’s might not be a "next cycle". 
Only constant adaptation.

Passive investing? Might be dead. 
Stability? Might be an illusion. 

The only strategy that survives is active, intelligent capital allocation.