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Open original source ↗I discussed this chart on "In the Know" yesterday, but did not show it. The productivity-driven boom that we are anticipating should reverse the duration of unemployment, but it is higher now than its peak in cycles before 2008-09. Another clarion call for lower interest rates! https://t.co/RD49s4K4R6
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.@CathieDWood sees echoes of the '90s today: a weak labor market but a new tech cycle building underneath. Just as the internet sparked growth then, AI and energy innovation could lead the next US expansion. Hear her thoughts on "In The Know."
ARKInvest ↗