Cathie Wood predicts end of US ‘rolling recession’ on AI, Bitcoin, and Tesla hype

Cathie Wood believes the US economy is recovering from a rolling recession, with signs of growth in various sectors. She is optimistic that productivity-driven growth will lower inflation and foster a more favorable capital environment.

Wood sees a bright future for Bitcoin, forecasting prices around 700,000 USD by 2030 and possibly up to 1.5 million USD in an ideal scenario. Additionally, she identifies a 26 trillion USD market opportunity in AI, driven by Tesla’s innovations.

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