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"What's Coming Is WORSE Than A Recession" - Cathie Wood



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"What's Coming Is WORSE Than A Recession" - Cathie Wood Latest on Crash

Contrarian Investor and ARK CEO Cathie Wood believes believes the market has got it completely wrong and that we are going to see DEFLATION next year as supply issues are worked through the system & the FED continues to raise rates, cutting consumer spending.

Just these past weeks, we have seen major central banks across the globe pivot on their monetary policy and begin bailing out economies as they threaten to collapse.

Cathie, in an interview at the fin twit summit, speaks on why she believes the fed has got it completely wrong and will be forced to pivot in the next few months, leading to a huge influx into innovation, technology and crypto.

Make sure to stick around to the end of the video where Cathie speaks on why she believes her innovation based investment strategy is going to out-perform clearly over the next 5-10 years, despite the macro backdrop and how because of ARK Invests research, she has never had more conviction than right now.

Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.

Cathie Wood has made her fortunes from being right when others are wrong. Tesla, Amazon, Square to name a few. So what is going on here? How can Cathie Wood be so Bullish on Bitcoin yet be convinced that we are going to see a deflationary crash as opposed to inflation. In this video, we will go over how Cathie Wood things everyone is wrong, why she thinks Deflation is coming and HOW she can remain so Bullish on Bitcoin with a 500K price prediction, if she doesn’t expect inflation.

To watch the full un-edited briefing on Kyla Scanlon Channel check it out here:
CREDITS:
Interview with Cathie Wood & Clay Gardner - Democratizing Finance
https://youtu.be/N51uHTaKf8Y

Original Post Date: June 7, 2022

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#Recession #Bitcoin #CathieWood
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Cryptocurrencies
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