Cathie Wood: The Impact of the Technological Revolution Exceeds That of the Industrial Revolution

ARK Invest CEO Cathie Wood stated that despite rising interest rates, U.S. stocks have reached historic highs, and the current technological revolution will have a greater impact on the global economy and stock market than the industrial revolution. In a letter to investors released by ARK, it was noted that the current inflation, deficits, wars, and concerns over an AI bubble are reminiscent of the 1980s and 1990s, after which U.S. stocks experienced the longest bull market since the "Roaring Twenties."

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.