ARK Invest founder: The current market is digesting the final stage of a rolling recession
ARK Invest founder Cathie Wood tweeted that the current market is in the final stage of digesting a rolling recession, which will give the Trump administration and the Powell Fed more policy adjustment space than investors expected, potentially driving the U.S. economy into a "deflationary boom" in the second half of this year. Cathie Wood believes that the Fed's monetary policy will be more flexible, and the market may be underestimating this potential economic rebound momentum.
A rolling recession is an economic phenomenon in which different industries and sectors take turns experiencing recession, while the overall economy and job market remain relatively stable.
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