Will The Other Shoe Drop? | ITK with Cathie Wood

The_Krakenite

The_Krakenite

ARK Invest releases another 'In the Know".

Briefly talks about her musings on M2 growth & rates, etc. Cathie's belief that BTC is no longer a risk-on-asset, but a flight-to-safety asset (this may actually be true).

 
Goolsby has been a dove ever since he was nominated.

Meanwhile like a lot of FED stats M2V laggggs. Latest number is 4th quarter '22 which as she said, has been coming back up. Question is how much more and longer will it continue to come back?

The rest of what she says is same for me or anyone else ... opinion. Time and price rules. And in her case price, in the past two years, hasn't been kind.

! M2V.png
 
Not sure why anyone would listen to Cathy. Big money buys ARKK when it wants exposure to "speculative tech" in terms of industrial-scale asset class allocation, there's no suggestion that the fund is able to deliver alpha at all; therefore, she isn't in the business of trading, stock picking or even economic forecasting, she's just a promoter.
 
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