Cathie Wooden sees deflation returning, innovation shares and bitcoin to rally

Cathie Wooden goes in opposition to the grain but once more — this time on inflation. The founder and CEO of Ark Funding Administration stated Thursday that she just isn’t frightened about the specter of inflation that’s haunting so many on Wall Avenue. As an alternative, the fund supervisor expects deflation amid a breakdown in


Cathie Wooden goes in opposition to the grain but once more — this time on inflation.

The founder and CEO of Ark Funding Administration stated Thursday that she just isn’t frightened about the specter of inflation that’s haunting so many on Wall Avenue. As an alternative, the fund supervisor expects deflation amid a breakdown in commodity costs, gridlock on tax coverage in Washington and innovation traits taking off.

“We’re not frightened about inflation,” Wooden stated on Thursday at CoinDesk’s Consensus 2021 convention. “We’re considering that the a lot greater chance is deflation.”



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