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
One of those gauges is the velocity of money ... I think we will see a recession in 2023, but that it likely won’t be either deep or prolonged. I think the market has already priced this ...
Yahoo Finance11d
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
"We think we've been in a rolling recession and that we are actually going to see some negative quarters here and that's because the velocity of money is collapsing," Wood told Bloomberg ...
Yahoo Finance11d
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
"We think we've been in a rolling recession and that we are actually going to see some negative quarters here and that's because the velocity of money is collapsing," Wood told Bloomberg ...