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Cathie Wood, fund manager at ARK Invest, observes that interest rates appear to be increasing primarily due to real yields rather than inflation. She attributes this to real economic growth exceeding expectations during what she calls a technology revolution. Wood also mentions she will address Bill Ackman’s hypothesis in an upcoming episode of “In the Know” on Friday.
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Wood has previously argued that a technology revolution will shape the global economy and equity markets more than previous industrial shifts. In an earlier observation, she noted Robinhood’s growth in new users is bolstering liquidity and credibility in the crypto sector. These comments are consistent with Wood’s ongoing focus on innovation-driven economic trends.