Ark's Cathie Wood Says U.S. Set Up for 'Massive' Deflation

May.19 -- Cathie Wood, chief executive officer and chief investment officer at Ark Investment Management, says the correction in commodities prices is one sign that the U.S. economy is poised for a "massive" period of deflation. She speaks with Bloomberg's Carol Massar at The Bloomberg Businessweek event.

[fredsanford]

🤡 the only thing deflating is USD purchasing power

[sparshparimoo]

So glad my genome sequencing cost is going down this week. It’s a real budget buster. And that monthly AI bill is just a killer.
This is all good news.

[ac]

I see deflation being more of a risk once supply chains get back up to speed and people have to start paying their rent and mortgage and student loan payments again.

[JohnDaniels]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" - Thomas Jefferson

[marcb]

Never underestimate the woman who overestimates herself.

[steveg]

The only massive deflation is her ARK ETF

[franklingarcia]

So why is she buying Bitcoin if BTC is being used as a hedge against "Inflation", if she is saying that deflation is that contradictory????

[rexmundi]

In deflation you allocate yourself to long term US treasuries and cash. Not Tesla, not ARKK etf.

[aliasoma]

Well, she’s consistent in her message. I’d love to be a fly in ARK’s decision room to see how she handles information that doesn’t fit her narrative.

[samirjabiyev]

Everything she said to date has been correct. She said correction was coming she said bull market will broaden. So far so good. Unfortunately now that it’s playing out everyone’s emotions are a wreck and everyone blames her:)

[hyp-o-crite-]

she is right on innovation
but the hard part is picking the
winner

[BBK]

She just realized how bad the inflation would be for her stocks so she praying for deflation now 🤣🤣

[lastnamefirstname]

I don't care what anyone says, this woman is brilliant, forward thinking, and sees the writing on the wall. Things are going to get ugly and businesses will be disrupted. That said, no one knows when that will be. If you can diamond hand until the future become the present, you will be rewarded handsomely. If you can't, you better abandon ship or change course. Alternatively, just because Cathie is right, doesn't mean her timing is. She could be right and still lose everything. But I guess we will have to wait and see.

[sidharthsreekamal]

What the hell is she saying- how does genome editing going to affect the price of corn or timber? What a joke. Her scam is up

[LG-twvm]

This is fantastic news! I can't wait for deflation to bring the housing market back down so I can buy a house. Somehow I don't think deflation is going to happen. 🤔

[DAIMOND]

2020: we will print no inflation (put extended lipsticks on the lips)
2021q1: small inflation increase but no worries (paint face white)
2022q2 : ok big inflation but very good for the economy (put pink hair on)
Cathie now: nah there is deflation because (investor put the red noise and start lending money for 1.5% apy )

[richardzimmermann]

Why is she so popular suddenly? She has not been good at predicting what’s happening. And some of her calls are ridiculous.

[DougJDoug]

All the Cathie-haters dislike her because either:
A) They are jealous of her success, like Jim Cramer who always slams her, or
B) They think they understand the markets and economics better, and pooh pooh her focus on disruptive technology.

I am sticking with Cathie over the long haul and her stocks and ARK funds.

[chrisyorke]

The big deflationary force is the reluctance to take on more debt, especially consumer debt. If the credit impulse recedes, it becomes a deflationary force.

[elizabethwilliams]

Most people just log on to YouTube to get info on the stocks to pick, without basic understanding on portfolio selection and risk tolerance. Also get the best from a financial advisor and work on your investing tolerance and with time you'd be a grand master....