Larry Summers says businesses are going to feel like a wily coyote. They're still hiring like crazy as activity is falling. So you know, they may be looking over the cliff. The Phillips curve basically says that employment and inflation are positively correlated. When employment goes up, the odds are high that inflation will go up.
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.
The Big Ideas highlighted in this year’s report include:
- Technological Convergence
- Artificial Intelligence
- Digital Consumers
- Digital Wallets
- Public Blockchains
- Bitcoin
- Smart Contract Networks
- Precision Therapies
- Molecular Diagnostics
- Electric Vehicles
- Autonomous Ride-Hail
- Autonomous Logistics
- Robotics and 3D Printing
- Orbital Aerospace
Watch February’s Episode of In The Know.
Download the full Big Ideas 2023.