ITK with Cathie Wood | Elon Musk's Pay Package

On episode LVI of "In the Know," (June 7, 2024) ARK CEO/CIO, Cathie Wood discusses Elon Musk’s pay package, and weighs in on M2 money supply, the 10 year treasury yield, gold value, and more.

This month we’re again responding to a few requests by supplementing this episode with charts and data to help illustrate ARK’s perspective on and outlook for the global economy.

As always, Cathie discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.

0:00:00 Intro
0:02:05 Elon’s Pay Package
0:12:51 Fiscal Policy
0:17:09 Monetary Policy
0:17:13 M2 Money Supply vs CPI Inflation
0:21:52 Velocity Of Money M2 Money Supply (YOY % Change)
0:25:54 Velocity Of Money M2 Money Supply (QOQ % Change Annualized)
0:29:38 Yield Curve - 10 Year Treasury Yield Minus 2 Year
0:32:37 Economic Indicators
0:37:15 Market Signals
0:40:03 Gold
0:43:25 Metals/Gold Ratio vs US 10 Year Treasury
0:49:47 Earnings Season and Innovation


For more updates, follow us on:

[Alghamdiim]

Serious question here. ARKK is up 1.69% on 5-year basis. How come this is a growth strategy with a 5-year horizon?

[jerrycrosby]

Pay Elon the 💰! He earned it! He deserves it!

[gerrycaragayan]

Pay the man. No one can deny, he is the brain of Tesla. He is doing the seemingly impossible possible.
Very innovative like Steve Jobs. Plenty
of ideas.

[vinzole]

Love how Cathie speaks out explaining every bits of the detail ❤

[JackOoi]

You mentioned 5 year horizon a thousand times, when did the 5 year start from? I have been holding ARk many years and still down.

[degensanonymous]

I just read “Elon Musks Package” and clicked. This isn’t what I was expecting. Gotta get me some new glasses.

[kdelete]

Ark funds are lagging. Kathy why don’t u talk about that?

[chrisg]

The package is not controversial. It’s Crystal clear. What’s controversial is the corrupt judge who handled the case. Along with the unions who are voting no.

[andrewa]

Great explanation on Elons pay package!

[MN-iwoj]

Can you please talk about the stocks you bought?

[carensimon]

Note: She's been predicting deflation on these updates for about 2 years now - thanks to the cyclical nature of economics she'll eventually she'll be right - lol. She's also said month after month for the last 2 years, that the Fed was overly compensating on rate cuts, yet they keep lowering without impact - eventually she'll be right on this one too. Still I find her analysis interesting - but it really just goes to show that the science of the markets isn't a very solid science. With all the charts and knowledge presented, there's always many other variables that make medium and long-term economic predictions impossible.

[springwoodcottage]

Fabulous presentation, so clear & myth busting on Elon’s pay award & so many ideas & thoughts on the economy & the impacts of AI. Thank you for sharing!

[Gary-pogi]

Still waiting to break even on my Ark investments, I'm down 60% Kathy, 5 year horizon is still out of sight

[jesabraham]

Wish she would explain why her funds are performing so poorly when compared to S&P500 index funds. Investors in her fund are paying a premium only to find her funds underperform the index funds.

[tom]

Outstanding analysis and commentary. Thank you.

[tvbhk]

Why do Arkk investors have to suffer from 75% loss from 2021 to today under your management? What should we do? Continue staying, paying you and continuously losing?

[mylesmiddleton]

When is your Tesla updated price target coming out?

[TimmydePW]

This episode was really interesting. I started it out like Nick with his view regarding apple dominance, but then started to understand how Bret’s theory would plug into it (AI accessing all your account and bypassing Apple). It was really a great brainstorm.

[patrickmchargue]

I'm wondering when, if ever, my stake in ARK G/K/Q/W/X and PRNT will recover. Any thoughts?

[AlexJ]

Could you please talk about the performance of your ETFs? ARKK, ARKQ, ARKF, ARKW etc?