Market dominance over time – Yahoo Finance

SEC Chairman Gensler “was a threat” to crypto: Cathie Wood

Cathie Wood, CEO and CIO of ARK Investment Management, joins Market Domination Overtime hosts Julie Hyman and Josh Lipton to discuss their market outlook following former President Donald Trump’s re-election. “With the new government, we will see a traffic jam opening up here and we will really allow innovation to flourish. I think the top priority is regulation. We know that.” [Securities and Exchange Commission] Chairman [Gary] Gensler was a threat to the world of digital assets and brought many of these innovations to other countries. “I think that’s going to change,” Wood tells Yahoo Finance. Like Gensler, Wood believes that US Trade Commissioner Lina Khan is also on her way out under the Trump administration. “This will break the deadlock in mergers and acquisitions.” I think venture capital has been dramatically damaged in recent years due to a lack of liquidity. Liquidity events are primarily mergers and acquisitions, which stalled even in mergers or transactions in which the two companies did not compete with each other. It might have just been tangential. So that’s huge.” She adds that “tax cuts unleash animal spirits” and will help offset the tariff increase, although she notes that she doesn’t expect the tariff increase to be “extreme.” “I feel very comfortable.” Just as I did very early in my career, during the Reagan administration,” Wood says, adding that Reagan also focused on tax cuts and deregulation. Watch Cathie Wood’s full interview with the Yahoo Finance team here. Find more expert insights here. Find out more about Market Domination Overtime here. This post was written by Naomi Buchanan.