19 Hrs
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الاقتصادية
Kathy Wood: Jobs Drive the New Economy
Kathy Wood, founder of Ark Invest, reported that the strength of the latest U.S. jobs report indicates a deeper shift toward a new economy driven by technology, artificial intelligence, and capital expenditure, rather than merely reflecting strong labor market indicators. She emphasized that the rising productivity in technology could change the relationship between growth and inflation, allowing for stronger growth without upward price pressures. Additionally, she forecasts oil prices to decline to around $30 per barrel and expects continued growth in investment in data centers and tech sectors. She considers this transformation to potentially mark the beginning of genuine, robust growth, although the stock market still relies on expectations rooted in the old economic model.
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