Cathie Wood
👤 PersonAppearances Over Time
Podcast Appearances
But I think one of the most important things we do is communicate what we're doing and why we're doing it.
But I think one of the most important things we do is communicate what we're doing and why we're doing it.
If you look at what happened to the equity market when Trump was elected... The stock market. Yes, the stock market. It went crazy to the upside, as did our strategy. And why? The promise was deregulation. And that, I think, is underestimated, how important it is, because we're strangling in regulation. It's just... This is not our DNA. We've got to get out from under this. Lower taxes...
If you look at what happened to the equity market when Trump was elected... The stock market. Yes, the stock market. It went crazy to the upside, as did our strategy. And why? The promise was deregulation. And that, I think, is underestimated, how important it is, because we're strangling in regulation. It's just... This is not our DNA. We've got to get out from under this. Lower taxes...
Lower interest rates is what he wants, of course. And lower tariffs. What he didn't tell us was exactly how he was going to go about that process. And it has felt chaotic. And I've had to go out and explain what's going on, try to explain what's going on,
Lower interest rates is what he wants, of course. And lower tariffs. What he didn't tell us was exactly how he was going to go about that process. And it has felt chaotic. And I've had to go out and explain what's going on, try to explain what's going on,
Und ich muss Ihnen sagen, es hat mich schrecklich gefühlt, zu sehen, was da los war, weil ich wusste, dass die Unternehmen paralysiert waren und dass wir eine Messe auf unseren Händen haben könnten. And I certainly communicated through my channels. Art communicated through his channels. In fact, I think in one publication he said, I have never been more scared in my career.
Und ich muss Ihnen sagen, es hat mich schrecklich gefühlt, zu sehen, was da los war, weil ich wusste, dass die Unternehmen paralysiert waren und dass wir eine Messe auf unseren Händen haben könnten. And I certainly communicated through my channels. Art communicated through his channels. In fact, I think in one publication he said, I have never been more scared in my career.
We were trying to really... get into Trump's head. And I know President Trump listens to Art, but he also listens to a lot of other people, one of whom was Peter Navarro, who seemed to have a hold on Trump when it came to tariffs. And yet, when I saw Treasury Secretary Besant really push aside Navarro – and that could only happen with Trump – Ich wusste, wir werden in Ordnung sein.
We were trying to really... get into Trump's head. And I know President Trump listens to Art, but he also listens to a lot of other people, one of whom was Peter Navarro, who seemed to have a hold on Trump when it came to tariffs. And yet, when I saw Treasury Secretary Besant really push aside Navarro – and that could only happen with Trump – Ich wusste, wir werden in Ordnung sein.
Ich wusste, wir werden in Ordnung sein. Denn durch all diesen Chaos, denke ich, was er versucht, zu tun, ist, nicht nur die Tarife in den USA über die Welt zu reduzieren, but maybe more important, get non-tariff trade barriers down. Like, for example, I didn't even know the UK would not accept our beef or ethanol. Well, now you're accepting our beef and ethanol.
Ich wusste, wir werden in Ordnung sein. Denn durch all diesen Chaos, denke ich, was er versucht, zu tun, ist, nicht nur die Tarife in den USA über die Welt zu reduzieren, but maybe more important, get non-tariff trade barriers down. Like, for example, I didn't even know the UK would not accept our beef or ethanol. Well, now you're accepting our beef and ethanol.
I don't know if people in the supermarkets will buy it, but anyway. But other countries, many, many more non-tariff trade barriers. And so he is just trying to Bust that up. Make it more visible. For example, Canada, I think they charged a 250% tariff on our milk. And one of President Trump's promises was to take care of the farmers. Okay, that's why you see the rhetoric around Canada.
I don't know if people in the supermarkets will buy it, but anyway. But other countries, many, many more non-tariff trade barriers. And so he is just trying to Bust that up. Make it more visible. For example, Canada, I think they charged a 250% tariff on our milk. And one of President Trump's promises was to take care of the farmers. Okay, that's why you see the rhetoric around Canada.
Now, do I agree with his style? I would never do it that way. I'd never do it that way. And it was unfathomable, you know, for me, because he is sensitive to business and he must have known that everything was going to stop. But he also knows that he has to sound credible. So do you think it's going to work out? I do. And I think the stock market is beginning to smell it.
Now, do I agree with his style? I would never do it that way. I'd never do it that way. And it was unfathomable, you know, for me, because he is sensitive to business and he must have known that everything was going to stop. But he also knows that he has to sound credible. So do you think it's going to work out? I do. And I think the stock market is beginning to smell it.
Okay, well, I have to give you our topic. So it would be Tesla? It would be Tesla, if I had to give you one stock.
Okay, well, I have to give you our topic. So it would be Tesla? It would be Tesla, if I had to give you one stock.
Because think about it. It is a convergence among three of our major platforms. So robots, energy storage, AI. And it's not stopping with robo-taxis. There's a story beyond that with humanoid robots. And our $2,600 number has nothing for hobos. What are you concerned about in terms of the way that the world is going and everything that's happening?
Because think about it. It is a convergence among three of our major platforms. So robots, energy storage, AI. And it's not stopping with robo-taxis. There's a story beyond that with humanoid robots. And our $2,600 number has nothing for hobos. What are you concerned about in terms of the way that the world is going and everything that's happening?