Ark's Cathie Wood on Fed Rates, Jobs Report and AI

ARK Investment Management CEO Cathie Wood says the Federal Reserve rate cut was not a mistake after a reassuring September employment report. Speaking on "Bloomberg The Close," Wood also says that regulations are "strangling this economy" and comments on investing in AI.

00:00 intro
01:00 Wood on rate cuts
3:00 Wood on autos
5:30 Wood on jobs report and economy
6:15 Wood on the US election
8:30 What candidate is better for business?

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[Seelenverheizer]

Cathie is extremely reliable, whenever you do the exact oposite of what she says you prob make good money.

[dwr]

Cathie, just have lost way too much money listening to her BS

[ishh]

Why do you still interview her ? Isn't she the worst money manager ever?

[WhaleEye-re]

You've got to love Tim excitedly asking her a question that she's already in the middle of answering.

[optimagroup]

Love listening to Cathie! Peek with her into the future. SoCalFreddy

[ion]

She clearly shows her agenda. Keep selling before stock pumps Cathie thats what you are an expert on.

[bt]

I don't really see those better deals, as I'm still paying almost double for food and gas. IMO, cutting the rates was a mistake.

[TimChernikoffMusic]

God I can’t believe this woman still votes for Trump. Everything she said pisses me off now.

[Thenobelfan]

I must appreciate cathie for being shameless despite being wrong for multiple years and being a chronic underperformer

[amostageer]

How come she is not talking about the terrible performance for her ETFs. Her wrong calls far outnumber her right ones

[bsKennys]

Stop interviewing her! Whoever believes whatever she says is going to lose their hard earned money

[YS-ysus]

Cathie, You snake!! lost my hard earned money 😢

[sanesanyo]

Even though I agree that AI is a transformative technology and is going to change how we work, Cathy is the last person in this world with any clue. Her investment philosophy is of a drunken sailor without any regard for risk management.

[MARTINA-gctq]

Mrs Downside. Labor market is up because more people are taking second jobs.

[vampirelawyer]

Cathy….you should be ashamed. Your a conartist and have no clue how to invest

[adohmnail]

The numbers will be revised down 45, 000, with still 30, 000 of those jobs in the 195, 000 being government.

[densalim]

Cathie still can deliver, but in a certain (upcoming?) conditions=rate cuts. Go ARK!

[paulgilliland]

If you just let me finish Tim, I’ll get to that. She’s feisty as well.

[shamsh]

She was saying a lot of words but could make any sense of it!

[georgevIogging]

Do the opposite of what Cathy suggests and you will be successful