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But we saved everything 🙂.
Cathie Wood has highlighted that consumer price inflation, as measured by Truflation, has decreased to 0.86% on a year-over-year basis. This marks a significant drop below the 2-3% range observed over the past two years.
Wood suggests that inflation could potentially turn negative, which is contrary to the forecasts of major financial institutions like BlackRock and PIMCO.
Wood’s latest outlook on subdued inflation aligns with her broader optimism regarding the market’s trajectory. Her perspective is consistent with previous commentary on how a sustained low-inflation environment could support a U.S. equity market poised for rapid growth, as explored in her analysis of U.S. equity growth potential.