Cathie Wood: Strong August Jobs Report May Signal Tech-Driven Deflation

ARK Invest founder Cathie Wood stated that the strong August jobs report, featuring 162,000 non-farm payroll additions and a significant increase in household survey employment, indicates a healthy economy. While many anticipate inflation and Federal Reserve tightening, Wood suggests a shift toward stronger real growth and tech-driven deflation. She noted that headline inflation is at 3.7% with other metrics nearing 2%, and highlighted that oil prices could fall toward $30. Wood emphasized that Bitcoin is decoupling from gold and that companies integrating