Cathie Wood Calls Five Decades of Interest-Rate Trends an Anomaly
Photo: TokenPost
ARK Invest founder and CEO Cathie Wood says the past five decades of interest-rate trends were unusual, framing the period as an anomaly in the wake of the gold window’s closure. Wood described the closure as a significant monetary shift. “All hell broke loose from a monetary point of view,” she said of the changes that followed. In an October “In the Know” session, Wood said rising interest rates can indicate economic growth rather than mainly reflect inflation. She also said higher rates can challenge bondholders, as her earlier comments on rising rates covered.
Source: TokenPost
