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5min chapter
Cathie Wood & Clay Gardner - The Challenge of Democratizing Finance
Let's Appreciate
The Fed's Raising Rates to Battle Inflation
Clayton: We are, we have a contrarian point of view here. The bigger risk in the next one to three years is deflation, not inflation and it's both good and bad deflation. China's in recession, Europe's effectively in recession, and we think the US is in recession. So we've got deflation coming in the pipeline, and we have a massive inventory buildup that is actually shocking. Clayton: I just think balance is going to be the key for a generation of retail investors.
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