Cathie Wood: Inflation May Drop Sharply
According to Odaily, Cathie Wood posted on X stating that during her Europe-Asia roadshow, she noticed that investors are concerned about inflation. Investors were surprised by her view that inflation could decline significantly; she emphasized that this assessment is not based solely on oil prices. Measured by unit labor costs, year-on-year inflation has already dropped to 0.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pre-market surged over 20%! Einride (ENRD.US) reached a strategic partnership with Nvidia (NVDA.US) to accelerate deployment of autonomous heavy trucks.
Swedish autonomous truck manufacturer Einride AB announced on Monday that it has formed a strategic partnership with NVIDIA to accelerate the development and deployment of autonomous heavy-duty trucks.
BUZZ - Morgan Stanley raises target price for MaxLinear ahead of Investor Day
Strives Buys 1,355 BTC as Bitcoin’s Price Crosses $85K
Crypto prices
More
