On episode LXIV of "In the Know," (February 7, 2025) ARK CEO/CIO, Cathie Wood, discusses the current economic landscape, focusing on fiscal and monetary policies, inflation trends, and the impact of technological innovation on future growth. She emphasizes the importance of deregulation, the potential for economic growth through innovation, and the shifting dynamics in the market as it broadens beyond major tech companies. The discussion also highlights the role of tariffs and government efficiency in shaping economic policy.
This month we’re again responding to a few requests by supplementing this episode with charts and data to help illustrate ARK’s perspective on and outlook for the global economy.
As always, Cathie discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.
0:00:00 Intro
0:06:32 Federal Budget Deficit Or Surplus Percent of Nominal GDP
0:09:23 Sources of federal revenues since 1790
0:10:22 Real GDP Vs. Productivity
0:11:04 USD Index (DXY)
0:11:23 Yield Curve 10-Year Treasury Yield Minus 2-Year
0:14:09 M2 Money Supply vs CPI Inflation
0:15:10 New Tenant Rent Leads Rents Lower
0:17:27 Velocity Of M2 Money Supply
0:18:55 Velocity Of M2 Money Supply YOY Percent Change
0:20:53 Consumer Sentiment Index University of Michigan
0:21:16 Expected Inflation Rate 1 Year Ahead University of Michigan
0:22:29 Expected Inflation Rate 5-10 Years Ahead University of Michigan
0:26:56 Unemployment Level - Permanent Job Losers
0:27:17 US Auto Sales Total Annualized SAAR
0:28:23 Existing Home Sales SAAR
0:29:23 US Net Income Noncorporate Divided By Corporate
0:30:23 10-Year US Treasury Yield
0:32:17 BarCap US Corp High Yield Spread Over 10-Year US Treasury Yield
0:33:28 Bloomberg Commodity Price Index
0:33:43 Metals/Gold Ratio vs US 10-Year Treasury Yield
0:35:21 S&P 500 Price to Gold Ratio
0:36:30 S&P 500 Price to WTI Crude Oil
0:37:08 Bitcoin to Gold Ratio
0:38:31 Global Real GDP Growth
0:40:32 Innovation Should Drive A Momentous Business Cycle
0:43:50 Big Ideas Table Of Contents
0:44:21 Outro
To learn more about ARK: https://arkinv.st/ARKInvest
For more updates, follow us on:
- Twitter: https://arkinv.st/Twitter
- LinkedIn: https://arkinv.st/LinkedIn
- Facebook: https://arkinv.st/Facebook
- Instagram: https://arkinv.st/Instagram
Disclosure: http://arkinv.st/39rzF94