Cathie Wood says the US is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes

• Ark Investment Milk wood He warned that the economy could travel in one or two negative quarters against the background of “rolling decline” as worried about job safety than to spend it. But the decline will help to release the Federal Reserve to reduce interest rates and define taxes to define the trump card.

Ark Invest Founder and CEO of Kati’s wood bears the short-term prospects of the economy, but expect the Federal Reserve and Trump’s administration to take a step soon.

In Interview with Bloomberg TV He also mentioned Tuesday that he is going Visitation Assets related to stock and cryptowns Coin and robinity during the fall of the market.

Shares in February, as investors are worried that the aggressive tariffs of President Donald Trump and labor cuts will make the economy decline. Wall Street forecasts are racing the probability of falling Some make them about 50%A number

“We believe that we have been in the fall of rolling stock, and we are really going to see some negative quarters here, and that’s the money, considering the wood in various fields.

He added that anxieties about the safety of work prompt the Americans to save more cash and predict one or two negative quarters. But in his opinion, it will create the Trump administration for tax cuts and reduction of Fed interest rates.

Spoke after wood, Feder was holding steady Although the central bankers lowered their growth forecasts and raised their expectations due to higher tariffs.

But policy makers mainly maintain scenes for the reduction of two exchange rates this year, and at the press conference, the tone of the Sianish throne will fall into the “feeding”.

In turn, this year the wood is reduced by two or three exchange rates, or maybe even more, because inflation is more cool, food, gasoline and some rents. In addition, innovation also leads to “good deflation”, promoting further prices.

“We believe that Fed intends to have much more freedom in the second half of this year than most people think,” he said. “We could see more than I just offered in two or three cuts.”

Meanwhile, DoubleLine Capital Ceo Jeffrey Gundlach The CNBC said Thursday What government budget cuts will weaken economic growth and warn the likelihood of a decline than most people?

“I actually think it’s higher than 50% comes in the next few districts,” Gundleach said. “I think I am 50 to 60 (percent) where I am.”

Atmospheric views of the US economy and shares are combined with relative excellence in disposable markets destroyed the faithful of the so-called American exclusive dominationA number

Gundlach believes that it is probably time for investors to diversify away from US assets, pointing to Europe and developing markets.

“I think it will be a long-term mind,” he said.

This story was originally shown Fortune.com