There's been increasing focus on GDP growth trajectories, with emphasis on achieving north of 4% annually. The rationale centers on supply-side dynamics—how productive capacity, investment, and structural efficiency drive sustainable expansion.

From a supply-side lens, the argument goes like this: modest growth rates leave little room for policy flexibility. When an economy runs below 4%, you're constrained. Limited fiscal space. Tighter labor markets without wage-productivity alignment. Reduced capacity to absorb shocks.

Hitting that 4%+ target isn't just about headline numbers. It signals resilient fundamentals. Businesses expand capacity. Consumer confidence holds. Asset markets respond to growth expectations—and crypto markets, being forward-looking and risk-sensitive, often price in these macro scenarios early.

The supply-side focus is crucial here. It's not just monetary stimulus or demand-side bandages. Real growth comes from productivity gains, capital formation, regulatory clarity that encourages investment. These factors create conditions where risk assets—including digital assets—can sustain upward momentum.

Where does that leave us? If growth stays subdued, you get cautious positioning, capital preservation mode. Cross that 4% threshold with supply-side improvements backing it up? You unlock different market dynamics entirely.