Odaily News On March 11, Cathie Wood, founder of ARK Invest, said that the current market is digesting the final stage of a rolling recession, which will give the Trump administration and the Federal Reserve more room for policy adjustments than investors expect, which may push the US economy into a "deflationary boom" in the second half of this year. Cathie Wood believes that the Federal Reserve's monetary policy will be more flexible, and the market may underestimate this potential driving force for economic rebound.
A rolling recession refers to an economic phenomenon in which different industries and sectors take turns experiencing recessions while the overall economy and job market remain relatively stable.