Cathy Wood says that the stock market enters the “permanent” bull, predicts the collective recovery of the American economy after price discounts

The CEO of ARK Invest says that the American economy is in stagnation – but there is hunting.

In a new interview with CNBC, CEO of ARK Cathy Wood Shares Her view of the American economy.

“Well, I think we are climbing a wall of anxiety. I mean that many people expect definitions, wars and controversy between the federal reserves and the president to really shake the markets. Of course, there were some fluctuations, but this is the indication that this is the indication that this is the indication that there is what is really.

And I think what many people do not focus on in inflation statistics are housing numbers. And they enter there with a long delay. We believe that the transformation, or focus towards a very few shares – which was a very unhealthy bull market – changes, and the market expands. I believe that the abolition of restrictions is likely to be one of the most important things that this administration does to launch animal lives. “

When she was asked about her opinion on the opposition views – that the economy is working well – wood refers to housing and manufacturing numbers before making its prediction that all of this will move smoothly to recovery.

“Well, I think we were completely consistent with this idea that we went through the stagnation circulating. If you look at housing, which was actually some relapse today, the housing decreased in 2022 when interest rates rose, and it was not recovered. Manufacturing was not recovered.

Therefore, we believe that they will recover with low interest rates, the cancellation is transmitted, and some certainty about tax cuts and so on – including instant expenses, perhaps, from capital goods, which will be very positive. So we believe that we will move from the recession circulating to a recovery. “

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Created Image: Midjourney