With A New ETF Controlled By Social Media Sentiment, Narratives Now Drive The Market

Finances alone once drove markets. That’s no longer the case.

This week, Barstool Sports founder Dave Portnoy announced the launch of VanEck’s Social Sentiment ETF — its appropriately styled ticker: BUZZ — an index fund investing in the top 75 large-cap stocks based upon whether there’s positive sentiment for those stocks on social media.

Financial perfor…