Video Description
The jobs report was a barnburner. The market sold off anyway. Cathie Wood thinks the bears are looking at the wrong data.
In this month's "In The Know," ARK Invest CEO and CIO Cathie Wood makes the case that the economy is entering boom territory. Her framework: productivity (not the Phillips curve) is driving this cycle, inflation breaks to the downside and could go negative this year, new Federal Reserve Chair Kevin Warsh cuts rates into strength, the dollar turns up as the death spiral narrative unwinds, and the AI infrastructure boom pushes capital spending through a 30-year ceiling.
Key Points:
00:00:00 The Market Sold Off On A Barnburner Jobs Report
00:00:45 Kevin Warsh And The Death Of The Phillips Curve
00:02:43 Why Inflation Could Break To The Downside
00:07:33 The Dollar...
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