Big Ideas - The Phillips Curve Is Wrong

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Rights law says for every cumulative doubling in the number of units produced, costs associated with each technology drops at a consistent percentage rate. This inflation was transit territory and we do believe that interest rates will start coming down toward the end of this year. Now onto big ideas and I'll just go through these somewhat rapidly.

On today’s episode of FYI, we will be featuring last week’s episode of In The Know, a monthly video series on which ARK CEO and CIO Cathie Wood discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. On this specific episode, Cathie weighs in on M2 growth, interest rates, inflation, auto sales, and bitcoin. Additionally, she highlights ARK’s Big Ideas 2023.

“We’ve grown up in a linear world really the last 50 years, and if were right that we’re entering into an exponential growth world, then real GDP growth should kick up here.” – @CathieDWood

The Big Ideas highlighted in this year’s report include: