On episode VII of "In the Know", Cathie Wood of ARK Invest discusses volatility and the recent market correction. Cathie also weighs in on fiscal policy, monetary policy, market signals, economic indicators, and innovation.
-Cathie discusses the payroll tax deferral
-The Fed's policy announcement of allowing inflation to run above 2%
-Recent unemployment reports
-Increases in the housing markets and lumber prices with low interest rate mortgages
-Auto sales in the new and used car market currently and future decline with autonomous vehicles
-ISM index manufacturing data
-Saving rates peaking in April at 34% and now 17% in July
-Consumer net worth and GDP data
-A look at market signals
