Cathie Wood remains bullish on the U.S. economy despite troubling data, addressing inflation, housing, and Bitcoin versus gold. She founded ARK Invest, shaping Wall Street’s view on tech and digital assets. Wood emphasizes real growth and productivity driving down price pressures, not rate hikes, referencing past trends and Reaganomics.

Wood compares gold to M2 money supply and argues gold could fall as inflation fears fade. She sees parallels to the 1980s when gold plummeted. Wood predicts Bitcoin will outperform gold in the long term, despite recent price drops. She expects Bitcoin to bounce back as liquidity improves.

Wood hints at potential Federal Reserve interest rate cuts and a pro-crypto candidate for Fed Chair. She anticipates easing monetary and fiscal policy to bolster the economy, expecting a housing market rebound. Wood believes the odds of a December Fed rate cut are high and favors pro-crypto candidates for top positions.

Read more at Yahoo Finance: Cathie Wood predicts next gold crash, sees Bitcoin outperforming