ARK is aware of hacked third-party RUclips channels fraudulently posing as ARK &/or Cathie Wood. These accounts are impersonators & not affiliated with ARK Invest or Cathie Wood in any way. ARK Invest will never use RUclips or other social media to solicit money, including cryptocurrency. Please report any account claiming otherwise! This channel is the only ARK Invest RUclips channel. For more information, please view our "What Types of Scams Impersonate ARK Invest and Cathie Wood?" section on our FAQ page here: ark-invest.com/faq/
Yes, I've probably reported 50 of them. I've watched them change their tactics and techniques to evade detection. I keep reporting though with the change in TTPs. Hopefully, it will be real hard to commit such fraud on here in the near future. They should look up my sum of successful fraud reporting and I should get a RUclips award! lol Thanks for posting!
Ripping into his policies, not the idea of a soft landing or transitory. Theory requires proofs, hence criticize and understanding details is crucial, pretty sure had she asked him how would you soft land he would have an answer…. So?
What's been most surprising seeing the first bout of inflation in my financially aware lifetime (I'm 45) has been the economists obsession with studying inflation from when I was a child rather than directing that attention to understanding the root drivers of inflation this time, whilst it's happening, and the obvious relationship with the pandemic. I'm at a loss to explain why such apparently smart people don't think more than a single level deep. But I shouldn't be surprised because it's fairly new to consider the minds and emotions of the human actors and that they're not simply rational agents of game theory. Incredible. I think these people simply lack curiosity and they're out of touch with where the leading information is. As a software developer, I've lived a life confused by the actions of my elders who were completely unaware and uninterested in how software was eating the world until it ate their lunch. I think these phenomena are related: it's the end of the non-technical, not-scientifically-minded leaders. Great change is coming because of their retirement, they've been in the way, holding everything up.
They're just reminiscing, because they're human. They also know the 60 year olds LOVE to think back on their lifetimes, to see if there are any lessons there. If my husband & I had bought IBM, instead of our home, in August of 1987, we would have LOST BIG. Maybe your criticism is fairly well-deserved, but why jeopardize the life of an old man? Nasty criticism DOES kill: my father at 54, from a heart attack, & my grandfather, from a stroke, took hours just to walk to the fridge. I understand teenagers that don't have a clue, but why keep listening, if scientists, such as yourself, are all you believe correct?
Quiet quitting is simply people doing what they are paid to do and nothing more. It's people acknowledging that the hustle culture is harmful to one's mental and physical health. There needs to be a balance in work and everything else. Take Elon for example, who wants to work for somebody who requires his employees to respond to emails on a Saturday afternoon? The focus needs to be on family and work, not work and promotions. We need a culture change.
Interesting, Jeremy says how the feds data on housing and rents is so old. It’s 40% of cpi. And the current data suggests that deflation has actually decreased significantly. That’s a big point I took away. Thanks 🙏🏻 great discussion
I love Jeremy Siegel ! When he said "Mastercharge" instead of Mastercard at 40:14, I thought it was a funny slip of the tongue. But when he repeated it at 41:16, I thought : my god he is trolling them !!! Gotta love Professor Siegel and his passion.
I agree with Siegel on the payment and transfer system. I see Crypto in the same fashion. It can compete with digital payment systems and put downward pressure on fees. The system needs to be more user friendly because most regular folk aren't savvy enough to use the system.
An interesting idea in the video that, like in the 1920s, the US are now in a phase of rapid productivity growth due to the rapid development of technology. It occurred to me that with the development of electromobility, the influence of oil is declining, hence Russia, Middle Eastern countries, etc. Perhaps, but I am not an expert on the subject, Putin decided to prevent the United States from making this technological leap by taking the world from the roaring 20s all at once until the 1930s, in order to prepare for war, the importance of oil increased, factories were converted to military ones, because the West do not have enough supplies of military materials, there are no capacities for such type of war like in Ukraine and enough help from the West, and suddenly the development goes completely different and will delay the West and divide the world.
I did not vote for Trump (or anyone--- I have a serious problem with noises), but what I heard/read was that the Chinese government subsidizes their steel industry, causing Trump (& others) to complain that tariffs against Chinese steel are necessary FOR free trade. Is that correct?
Cathie, come on, where is your robotaxi for 20 cents per km? Tesla FSD is just level 2-3. Your innovation narrative isn't based on deep analysis and understanding..,
The fed has no control over poor supply chains, the war in Ukraine, or virus lock downs in China and else where which are the primary reasons for inflation. Raising interest rates in the US and around the world and the run off of the balance sheet will reduce demand. Those other issues will need to sort themselves out over time.
Workers are sick of being milked for productivity in a personal sense. People want a different life than one at the whims of other stakeholders. Owners want to "train" them with not a stick, but a hammer. Change your mantra which is currently "people are a commodity".
Already in deflation? If so that would be malfeasance by the Fed. OADT Coinbase hit a 52 week low today and other Ark favorites are on sale. I think Bitcoin should change to Proof of Stake.
Sadly, professors and doctors are notoriously bad investors (presumably because they think they know everything and are smarter than the market). The Fed grew their balance sheet at an alarming rate during the pandemic to the point where they have no choice but to shrink it now. Inflation is the result of money creation in excess of normal growth in the population and productivity. But yes, Powell does seem a bit blind to the fact that everything is low key crashing now (commodities, housing, savings). I agree that he should not hike again in 2023.
The fed does what the fed does not what we think it should do. The fed needs to change how it approaches monetary policy / how we can make that happen is one big ask.
High inventories means deflationary effects for CONSUMERS even if it is not good for companies... that effect comes later, the firing of people. But cheaper prices for goods and services is coming if inventories are too high.
One thought: has anyone examined bitcoin backed up with gold... meaning using bitcoin to buy gold, wouldn't that make BTC even much stronger?? Right now the war is between gold standard and BTC.... so?? I haven't seen anywhere this idea discussed yet, the only similar idea was that the USA government make the dollar stronger by buying tons of BTC, thus making themselves invulnerable... but it is still the SAME gov that fu6ked things up now, so if we evade the gov and the people buy gold directly WITH etc.... maybe??
Two of the most incompetent people I listed to in a while - my auto insurance premium just went up 20 % for 2023 - the inflation is accelerating in many areas
ARK is aware of hacked third-party RUclips channels fraudulently posing as ARK &/or Cathie Wood. These accounts are impersonators & not affiliated with ARK Invest or Cathie Wood in any way. ARK Invest will never use RUclips or other social media to solicit money, including cryptocurrency. Please report any account claiming otherwise! This channel is the only ARK Invest RUclips channel. For more information, please view our "What Types of Scams Impersonate ARK Invest and Cathie Wood?" section on our FAQ page here: ark-invest.com/faq/
Yes, I've probably reported 50 of them. I've watched them change their tactics and techniques to evade detection. I keep reporting though with the change in TTPs. Hopefully, it will be real hard to commit such fraud on here in the near future. They should look up my sum of successful fraud reporting and I should get a RUclips award! lol Thanks for posting!
Those mfs hacked SilentManJoe's Channel ffs
Best hour of my day today... great information. Thanks
Jeremy ripping into Powell's transitory stance (5:50) must have stung Cathie a little to hear haha.
Yeah her face when he was saying this.
Ripping into his policies, not the idea of a soft landing or transitory. Theory requires proofs, hence criticize and understanding details is crucial, pretty sure had she asked him how would you soft land he would have an answer…. So?
Great conversation. I expected nothing less from these two.
These conversations are awesome! Always nice to hear someone of Dr Siegel’s knowledge and expertise on these difficult topics
Jeremy Siegel is the only person who really understands what is going on.
Show me his alpha.
Thanks! That was a great discussion. I learned a lot.
Learning how not to invest lol
Two great-minded people keep me not missing the big picture in the tough times now. Thanks
What's been most surprising seeing the first bout of inflation in my financially aware lifetime (I'm 45) has been the economists obsession with studying inflation from when I was a child rather than directing that attention to understanding the root drivers of inflation this time, whilst it's happening, and the obvious relationship with the pandemic.
I'm at a loss to explain why such apparently smart people don't think more than a single level deep. But I shouldn't be surprised because it's fairly new to consider the minds and emotions of the human actors and that they're not simply rational agents of game theory. Incredible.
I think these people simply lack curiosity and they're out of touch with where the leading information is. As a software developer, I've lived a life confused by the actions of my elders who were completely unaware and uninterested in how software was eating the world until it ate their lunch.
I think these phenomena are related: it's the end of the non-technical, not-scientifically-minded leaders. Great change is coming because of their retirement, they've been in the way, holding everything up.
They're just reminiscing, because they're human. They also know the 60 year olds LOVE to think back on their lifetimes, to see if there are any lessons there. If my husband & I had bought IBM, instead of our home, in August of 1987, we would have LOST BIG.
Maybe your criticism is fairly well-deserved, but why jeopardize the life of an old man? Nasty criticism DOES kill: my father at 54, from a heart attack, & my grandfather, from a stroke, took hours just to walk to the fridge. I understand teenagers that don't have a clue, but why keep listening, if scientists, such as yourself, are all you believe correct?
Certainly one of the better discussions.
One of the best interviews I've ever seen. Thanks so much.
Intriguing!
Housing needs a major down correction, it is bloated and unattainable to most people.
Invite Burry. That would be fun.
Quiet quitting is simply people doing what they are paid to do and nothing more. It's people acknowledging that the hustle culture is harmful to one's mental and physical health. There needs to be a balance in work and everything else. Take Elon for example, who wants to work for somebody who requires his employees to respond to emails on a Saturday afternoon? The focus needs to be on family and work, not work and promotions. We need a culture change.
Cathie, hope you are correct in the long term. how do you plan to bring the value back to your investors while staying through the storm?
Such a great discussion.
Great to get so much information from Cathie Wood and professor Siegel together at the same time.
Interesting, Jeremy says how the feds data on housing and rents is so old. It’s 40% of cpi. And the current data suggests that deflation has actually decreased significantly. That’s a big point I took away. Thanks 🙏🏻 great discussion
I love Jeremy Siegel ! When he said "Mastercharge" instead of Mastercard at 40:14, I thought it was a funny slip of the tongue. But when he repeated it at 41:16, I thought : my god he is trolling them !!! Gotta love Professor Siegel and his passion.
Mastercharge is Mastercard original name, right?
Too bad he didn't refer to Visa as BankAmeriCard
Yes, Mastercharge was the original name
I love how they gleam at details, as if to say, finally someone who understands me
I agree with Siegel on the payment and transfer system. I see Crypto in the same fashion. It can compete with digital payment systems and put downward pressure on fees. The system needs to be more user friendly because most regular folk aren't savvy enough to use the system.
I am senior management of a Hong Kong Securities and Future Commission SFC licensed Asset Management firm and find the content useful.
Thank you for this interview and information. I just purchased Stocks for the Long Run, 6th edition! By Jeremy J Siegel, Can’t wait to read it.
Great interview, thank you!
He is great!
Cathie makes sense to me, but not to FED or the most market participants. Who will be proven right?
Two of the best minds in the business. Thank you both for an excellent dialogue.
Spectacular interview!!👍
An interesting idea in the video that, like in the 1920s, the US are now in a phase of rapid productivity growth due to the rapid development of technology. It occurred to me that with the development of electromobility, the influence of oil is declining, hence Russia, Middle Eastern countries, etc. Perhaps, but I am not an expert on the subject, Putin decided to prevent the United States from making this technological leap by taking the world from the roaring 20s all at once until the 1930s, in order to prepare for war, the importance of oil increased, factories were converted to military ones, because the West do not have enough supplies of military materials, there are no capacities for such type of war like in Ukraine and enough help from the West, and suddenly the development goes completely different and will delay the West and divide the world.
Two icons!
We must all tweet this video to every member of the fed relentlessly
🔥🔥🔥
What is a two-handle & four five-handle?
Thx for the vid!
I did not vote for Trump (or anyone--- I have a serious problem with noises), but what I heard/read was that the Chinese government subsidizes their steel industry, causing Trump (& others) to complain that tariffs against Chinese steel are necessary FOR free trade. Is that correct?
Where did they get such a handsome picture of Jeremy Siegel
Very interesting
I was looking forward to this, to confirmed my biased views. 😆
Cathie, come on, where is your robotaxi for 20 cents per km? Tesla FSD is just level 2-3. Your innovation narrative isn't based on deep analysis and understanding..,
The fed has no control over poor supply chains, the war in Ukraine, or virus lock downs in China and else where which are the primary reasons for inflation. Raising interest rates in the US and around the world and the run off of the balance sheet will reduce demand.
Those other issues will need to sort themselves out over time.
RIP Cathie’s reputation
Cathie should have admitted her mistakes or unskilled behaviors first rather than blaming JP.
Government caused the inflation/recession...
I need 5 right ups in a year to get fired for low productivity
Deflation would be great to reduce the cost of living
Workers are sick of being milked for productivity in a personal sense. People want a different life than one at the whims of other stakeholders. Owners want to "train" them with not a stick, but a hammer. Change your mantra which is currently "people are a commodity".
Arkk sub $25 may be compelling. Still overvalued.
*priced for growth.
This man is genius. With this interest hike by February 2023, may be Real estate market will meltdown 😮
What the guy is a genius!
Already in deflation? If so that would be malfeasance by the Fed. OADT Coinbase hit a 52 week low today and other Ark favorites are on sale. I think Bitcoin should change to Proof of Stake.
If the Fed did overshoot then maybe buying bonds now is a good option
prof of james :D
Didn't Nixon take us off the Gold Standard?
Fed was wrong in 2021, it should not over tighten now, since many young workers will unnecessarily lose jobs.
The retail investor community would benefit from if Cathie, Tasha, and the Ark Team were more visible and vocal.
Sadly, professors and doctors are notoriously bad investors (presumably because they think they know everything and are smarter than the market). The Fed grew their balance sheet at an alarming rate during the pandemic to the point where they have no choice but to shrink it now. Inflation is the result of money creation in excess of normal growth in the population and productivity. But yes, Powell does seem a bit blind to the fact that everything is low key crashing now (commodities, housing, savings). I agree that he should not hike again in 2023.
Q: How can you get your investments to total $1 million ?
A: Give $1.6 million to Cathie and wait a year.
Why is he always nervous when talking about rates?
❤
The fed does what the fed does not what we think it should do. The fed needs to change how it approaches monetary policy / how we can make that happen is one big ask.
I wonder if Kathy has looked into Ripple and XRP
High inventories means deflationary effects for CONSUMERS even if it is not good for companies... that effect comes later, the firing of people. But cheaper prices for goods and services is coming if inventories are too high.
I completely agree and I don't understand how FED can be so detached from reality.
“MasterCharge”
So, cryogenics, who’s in to wait this out?
Too many Trillions spent over last 2 years and SHUTTING DOWN OUR ENERGY MARKET!
One thought: has anyone examined bitcoin backed up with gold... meaning using bitcoin to buy gold, wouldn't that make BTC even much stronger?? Right now the war is between gold standard and BTC.... so?? I haven't seen anywhere this idea discussed yet, the only similar idea was that the USA government make the dollar stronger by buying tons of BTC, thus making themselves invulnerable... but it is still the SAME gov that fu6ked things up now, so if we evade the gov and the people buy gold directly WITH etc.... maybe??
You're down BIG Cathie. Where's the accountability
I'm glad Jeremy gets crypto unlike Peter Zeihan.
Uipath FTW
2 clowns 1 podcast
why ask him when cathy keep buying tsla stock! kkk
Inflation is always…… always a monetary phenomenon. Her fund has been completely trashed and he has been wrong on most everything this year.
Two of the most incompetent people I listed to in a while - my auto insurance premium just went up 20 % for 2023 - the inflation is accelerating in many areas
👍👍🙏👌
Don't like Cathie much but gotta get me some Jeremy Siegel!
Leggggooooo
Both out of touch
monkeys still talking about globaliztation...
too many loaded questions.