🔮 Cathie Wood Predicts Wild 7% Rates
Published by OOPSONLINE.IN · Source: ABC (Australian Broadcasting Corporation) · 1 min read · · Updated
😂 OOPS SAYS
When you’re managing $42 billion, predicting a 7% interest rate probably feels like a fun economic thought experiment. For the rest of us, it's a direct threat to our peace of mind.
What actually happened
The artificial intelligence boom could push the global economy into "good deflation" as economic growth surges, but that could result in interest rates exceeding 7 per cent, according to a major technology investor.
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- #invest
- #manages