Cathie Wood Says Wall Street Has It Backwards—Inflation Will 'Surprise' Lower
ARK Invest CEO Cathie Wood contends that Wall Street's stagflation concerns are misguided, predicting inflation will surprise lower within 6-9 months driven by AI deflation and productivity gains. She cites real-time inflation data at 1% and anticipates a U.S. manufacturing boom as capital spending breaks a 30-year ceiling, contradicting current market pessimism.
https://www.benzinga.com/markets/economic-data/26/05/52442001/cathie-wood-says-wall-street-has-it-backwards-inflation-will-surprise-lower?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel