The post Donald Trump To Turbocharge U.S. Economy Predicts Cathie Wood! appeared first on Coinpedia Fintech News
Cathie Wood, CEO, of Ark Invest founder, has recently suggested that President-elect Donald Trump may turbocharge the U.S. economy during his term. Cathie believes that Trump’s administration may support innovation and development in technology. Notably, the main beneficiaries may rise from the healthcare industry, the automobile sector, and the digital currency ecosystem. She also believes that during his administration, we may see interest rates drop and explosive productivity growth. As per Cathie, sectors such as robotics, energy storage, healthcare, artificial intelligence, and blockchain technology are converging and will most likely unlock explosive GDP growth and lower-than-expected inflation.