Cathie Wood: The unemployment rate is now higher than the peak of each cycle before 2008-2009, and the interest rate cut is once again signaled
2025-09-07 13:28:50
Cathie Wood, chief executive of ARK Invest, tweeted that our expected productivity-driven boom should shorten the duration of unemployment, but unemployment is now higher than the peaks of the pre-2008-2009 [crisis] cycles. This is another clear call for lower interest rates.
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