Cathie Wood: Strong employment report, economic growth may trigger inflation
2026-09-05 23:48:41
According to CoinMeta, Cathie Wood reports that yesterday's employment data showed an increase of 162,000 new jobs, a growth in family employment of over 500,000, and an increase in the average workweek as well. She pointed out that the economy performed strongly in August, and she expects more inflation and tighter policies from the Federal Reserve. Although the headline inflation rate is 3.7%, other indicators are closer to 2%. She believes that oil prices may fall to $30, and the stock market has reached record highs amidst rising interest rates. Capital expenditure has broken through a 20-year ceiling, and Bitcoin is decoupling from gold. Companies embracing artificial intelligence are creating job opportunities more rapidly. These signs are not isolated and may indicate stronger real growth and the beginning of a strong technology-driven deflation. She believes that market consensus is pricing in the old economy, while a new economy is taking shape.
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Source:X
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