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2% Long-Term Interest Rates? | ITK with Cathie Wood
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Bitcoin, Ethereum & the rest of the cryptocurrency space has had an impressive 2023, with bitcoin and ethereum both up over 40% year to date. One of the main factors of their impressive run despite a slow economy was the slew of banking collapses, with investors running to Bitcoin and Ethereum as a safe haven asset and what has now emerged as an insurance policy against the traditional finance world.
In her latest in the know update, Cathie Wood shared her outlook on the market for the end of 2023 and why she thinks that Artificial Intelligence and Innovation in general, following the lead of the crypto market, will become that flight to safety investment option.
Cathie and her firm truly have a knack for finding early stage exponential opportunities, with Cathie Investing in Bitcoin at just $100, and on the AI front making big stakes in Nvidia at $5 a share and buying up huge amounts of Tesla stock in 2018 before it’s massive run.
Cathie argues that Artificial Intelligence opportunities could now be an insurance policy against the traditional benchmarks and have potentially even more explosive growth potential than that of Bticoin or crypto.
Make sure to stick around to the end of the video where Cathie breaks down her market outlook and where investors should be positioned for the best gains.
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