CATHIE WOOD SAYS TODAY’S MARKET FEELS LIKE THE 80S AND 90S
Her point is that big worries often show up right before major technology cycles:
- The 80s and 90s had fears around interest rates, inflation, wars, trade quotas, and recessions
- New technologies like PCs and wireless disrupted the traditional world order and created concern
- Cathie Wood says the right move back then was to stay focused through the wall of worry, and today’s technology revolution is even bigger