Cathie Wood, head of ARK Invest, believes markets may be on the verge of a surprising rebound, despite widespread concerns about economic slowdown.
In her latest investor update, Wood suggests that some of the biggest fears weighing on investors—rising interest rates, market concentration, and inflated valuations—are beginning to fade.
Rather than bracing for a downturn, she argues, we could be heading into a period of renewed optimism driven by productivity gains.
While many economists continue to predict a looming recession, Wood envisions a different outcome: a broader recovery powered by innovation and efficiency, signaling the possible end of what she calls a “rolling recession.”
Turning to Bitcoin, Wood highlighted a long-term chart comparing BTC to gold. Despite gold’s recent surge, which briefly dragged the ratio down, the overall trend still favors Bitcoin, she says. In her view, BTC has simply been cooling off after a sharp rise last year—behaving more like a tech stock than a defensive asset.
According to Wood, the correction hasn’t derailed the upward momentum. With gold now at historic highs, Bitcoin may be poised to reassert its strength, particularly if investors begin to favor risk assets again.
Nvidia’s recent market retreat hasn’t shaken analysts’ confidence in the stock’s long-term potential. Despite a dip to $135.13 at the close of the last session, chart watchers say a powerful setup could send NVDA soaring toward the $200 mark in the coming months.
The team behind Pi Network is diving into the gaming industry with the release of FruityPi, a new application designed to highlight the practical use of its ecosystem tools, including the Pi cryptocurrency, wallet, and ad services.
After more than four weeks of uninterrupted investor enthusiasm, BlackRock’s iShares Bitcoin Trust has reported its steepest daily outflow since its inception, signaling a potential shift in sentiment.
Pakistan’s aggressive embrace of Bitcoin mining has drawn scrutiny from the International Monetary Fund (IMF), which is now demanding clarity on the country’s allocation of 2,000 megawatts of electricity to digital assets and AI infrastructure.