The CEO of Ark Invest says that the American economy is in a recession – but there is a catch.
In a new interview with CNBC, Ark CEO Cathie Wood stock Her view of the American economy.
“Nou, ik denk dat we een muur van zorgen hebben beklimmen. Ik bedoel, veel mensen verwachtten tarieven en oorlogen en de controverse tussen de Fed en de president om de markten echt te schudden. En natuurlijk is er enige volatiliteit geweest. Maar dit zijn de soorten bullmarkten waarvan ik denk dat de markt waarschijnlijk is: de dingen die het zijn: de dingen die het zijn: de dingen die het zijn, het zijn dat het is: de dingen die het zijn: het is waarschijnlijk dat het is To come: the things they are: the things they are: the things they are, it is: the things it is: the things they are: the things they are, it is that it is: the things it is: the things it is: it’s likely that it is to come.
And I think that many people are not focused in inflation statistics are the home numbers. And they come in with a long delay. We think that the shift, or the concentration to just a few shares – that was a very unhealthy bullmarkt – that is changing, and the market is being expanded. And I think that deregulation is probably one of the most important things that this administration does to unleash animal spirits. “
When asked what she thinks about opposing views – that the economy is doing fine – Wood points to housing and production numbers before she makes her prediction that this will all go smoothly into a recovery.
“Well, I think we have been quite consistent in this idea that we have experienced a rolling recession. If you look at housing, which today actually has a bit of a relapse, the housing plummeted in 2022 when the interest rates rose up and it has not been restored. Production has not been restored.
And so we believe that they will recover as the interest rates fall, deregulation has been established, and some certainty about tax reductions, etc., occurs – including immediate edition of capital goods, which would be very positive. So we think we are going from a rolling recession to a recovery. ‘
https://www.youtube.com/watch?v=w6peafwuiys
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