Cathie Wood Predicts End of US ‘Rolling Recession’, Highlighting AI, Bitcoin, and Tesla

Ark Invest CEO Cathie Wood believes the US is exiting a three-year economic slump marked by industry-specific growth and decline. She attributes this shift to advancements in artificial intelligence (AI), Bitcoin, and robotics, which she sees as key drivers of future prosperity. In an exclusive interview with CNBC’s Squawk Box, Wood argued that these technologies will fuel increased productivity and ultimately lower inflation, creating favorable conditions for businesses and investors.