State of the Economy with Cornerstone Macro CEO Nancy Lazar | Big Ideas Summit 2019

Economist and Cornerstone Macro CEO Nancy Lazar presented at ARK's Big Ideas Summit 2019 on July 24 at the New York Stock Exchange. She answered follower-submitted questions and discussed topics including her view on the inverted yield curve, technology and how tech innovation affects the overall economy with moderator Tom Staudt, ARK's COO, in this fast-paced, listener-friendly segment.

Other topics Lazar discussed include:
-Interpreting Rate Cuts
-Capital Spending
-Productivity Drivers
-Technology
-Automation's Effect on Jobs
-Consumer Spending
-Low Interest Rates
-Yield Curve
-US-China trade war
-Her Take on Recession Fears

The event featured a keynote address from Bloomberg's Eric Balchunas and a question-and-answer segment with ARK founder, CEO & CIO Cathie Wood, ARK Director of Research Brett Winton and Cornerstone Macro's Nancy Lazar. Other topics include macroeconomic concerns, investing in innovation, capitalizing on long-term growth, ARK's original research and more.

[hunternewberry]

"Automation is not new in this country" fundamentally wrong characterization of what's happening. AI has the ability to automate human cognitive abilities in the majority of the job market. This is a very different and unique revolution we have NEVER seen before

[TakisGreece]

Congratulations for the video. I believe the opposite of what I just saw. The recession is imminent . I will get back to this video in 12 months and a few thousand point lower on the DOW

[AliBooondok]

This lady thinks that people left the job force and so companies had to automate.... Companies automated jobs and pushed millions out of the workforce. Automation continues to do this. Companies are creating their own automation departments to learn how to automate their workloads. Mine is doing it now and resulted in several contractors, who were hired to avoid labor cost reductions in the first place, were let go because a computer could now do their work. This lady might understand economics, but she does not understand reality. Economics only work in line with the inputs and if you only focus on a few inputs, you'll never have a real story.

[bangkokdudephuket]

This woman doesn't have a clue about the real economy. Disappointed to see someone like that on an ARK show.