Cathie Wood: The U.S. unemployment rate is higher than the peaks of each cycle before 2008-2009, sending another signal of interest rate cuts
21hours ago
According to Odaily Planet Daily, ARK Invest founder and CEO Cathie Wood wrote on the X platform that the expected productivity-driven boom should shorten the duration of unemployment, but the current US unemployment rate is higher than the peak of each cycle before 2008-2009. This is another clear call for lower interest rates.
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