TXN - Cathie Wood Predicts Fed Will Stop 'Rolling Recession' With Interest Rate Cuts: 'More Deflationary Forces Out There' | Benzinga
Investor Cathie Wood regularly shares her opinions on the macroeconomic environment and what could be ahead for stocks. On Tuesday, Wood doubled down on her belief in a deflationary environment in 2024.
What Happened: With the S&P 500 and technology stocks hitting record highs, Wood was asked about the valuations of companies and if she was considering different positions for her ETFs.
Wood said that there's a bit of a setback right now and a little fear, but reminded investors about what's happening with non-tech companies.
"Think about the numbers we're beginning to get out of the big macro-oriented companies," Wood said on CNBC. See the clip below.
"We think interest rates ...