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