原推:The Fed is basing monetary policy decisions on lagging indicators: employment and core inflation. Leading inflation indicators like gold and copper are flagging the risk of deflation. Even the oil price has dropped more than 35% from its peak, erasing most of the gain this year. https://t.co/e45KJWrjOZ
In this month’s episode of “In The Know,” ARK CEO/CIO @CathieDWood weighs in on Fed Chair Powell’s Jackson Hole speech, the impact of seasonal factors on economic indicators, and moving into a deflationary environment.
Watch our brand new episode here! arkinv.st/3cH2bYE