Cathie Wood says the U.S. is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes
The Ark Invest CEO also said she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the ...
Kiplinger2y
Where Is the Economy Heading? Velocity of Money Provides Clues
I often get asked my thoughts on where the economy is heading, and sadly, I don’t have a crystal ball, but I do have several gauges that I use to help determine the direction that the economy ...
Yahoo Finance10d
Cathie Wood says the US is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes
Ark Invest's Cathie Wood warned that the economy could be headed for one or two negative quarters amid a "rolling recession" as worries about job security spur Americans to save money rather than ...