Cathie Wood: Mark My Words - 'Everyone Who Invests Now In These Will Surely Become Millionaire'

Cathie Wood, the prominent CEO of ARK Invest, is sounding the alarm on what she sees as an impending economic downturn—what she describes as a "rolling recession." According to Wood, while the economic landscape might not fit the traditional definition of a recession yet, several indicators are flashing red. She contends that the U.S. is navigating through a series of mini-recessions across different sectors, which collectively suggest a broader economic malaise. At the heart of her argument is the belief that the Federal Reserve's aggressive monetary tightening has created a precarious situation that could spiral into a full-blown recession unless corrective measures are taken promptly. The latest data from August 2024, showing a sharp slowdown in job creation with only 140,000 new jobs added, reinforces her concern that the economy is losing steam at an alarming pace.

Cathie Wood: Mark My Words - "Everyone Who Invests Now In These Will Surely Become Millionaire"

[mbnesbitt]

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..

[grahambuckingham]

WTF market at all time high and she says arolling recession for last 2 plus years.

[Jimmylikesthat]

I kind of skipped through the video, what is she saying to invest in?

[GeorgeDoughty-me]

She loses money faster than anyone ever. Who funds this promo?

[ymma]

her voice still carries the credibility?