Cathie Wood

Sì.

Ma anche queste compagnie, perché sanno che Venture Capital ha bisogno di cacciare alcuni dei loro chip, e quindi li guida.

Grazie a tutti.

at least twice, if not more than twice, as large as what happened during the last technology revolution, which was telephone, electricity, internal combustion engine, and the end of the railroad build-out in the early 1900s.

Yes, it's a natural rotation after such a valuation increase in the US.

How high is too high?

And so I can see taking profits from the US and moving elsewhere where the valuations are much more reasonable.

Una delle ragioni per cui penso che questo stia accadendo è psicologica.

Molte persone hanno tenuto conto del dollaro l'anno scorso.

Nella prima metà dell'anno scorso, le notizie stavano urlando che il dollaro aveva avuto la prima metà terribile fin dal 1973.

I anni 70 erano un disastro per gli Stati Uniti.

Now, we have a contrarian view on the dollar.

We think that the Trump administration has created an environment much like Reaganomics did in the 80s.

And what happened to the dollar in the 80s was it skyrocketed.

And it was because the return on invested capital in the United States went up relative to that elsewhere in the world.

Why did that happen?

Deregulation

tax cuts pro business policies pro capital policies this administration is is Reaganomics on steroids and so we think that the dollar is going to turn around and that will be

The big head fake.

Now we've been saying this for the last half of last year and into this year.