Cathie Wood: Trump's loose regulation will drive the stock market up, need to seize Crypto Assets and AI

Ark Invest founder Cathie Wood said on the show that once Donald Trump assumes the US presidency, she expects to usher in a loose regulatory era, especially in technology, Crypto Assets, and digital assets.

The United States must grasp Crypto Assets and AI

Wood revealed in June that he would vote for Trump in the future presidential election based on economic considerations. However, the interview video has been deleted afterwards, reportedly to avoid creating baseless and incomplete political bias.

According to Bloomberg, Wood said on the weekend CNN 'Inside Politics Sunday' program that Cryptocurrency and artificial intelligence are the technological platforms that the United States must grasp and utilize,

The United States must lead the trend, just as we did in the internet era. The change in regulatory system with Crypto Assets and artificial intelligence as the main focus will be very meaningful.

Wood also mentioned robot technology, energy storage, and multiomic sequencing.

Note: Multiomic sequencing is an analytical method that integrates multiple biological technologies, including genomics and transcriptomics. This method combines multiple datasets to provide a comprehensive understanding of biological systems, helping researchers discover new associations between biological entities, identify relevant biomarkers, and establish complex disease and physiological models.

The stock market's rise is no longer concentrated in a few stocks, which is beneficial to small and medium-sized enterprises.

When asked about Trump's threat to impose tariffs on US trading partners, Wood said that if these tariffs could be offset by tax cuts, then there is indeed some merit to it.

She believes that during Trump's second term in office, the expected stock market gains will be more diversified.

Over the past four years, we have seen a large amount of funds concentrated in a very small number of stocks. I believe the market will now expand and reward companies at the forefront of innovation, which will benefit small and medium-sized enterprises.

Ark is famous for its investment in startups, especially for investing in TSL and Nvidia at a very early stage (although it also suffered from investor's remorse due to selling Nvidia too early). After Trump appointed Elon Musk as the head of DOGE, TSL's stock price has risen sharply. Wood's tweet indicated that their venture fund also invested in Musk's SpaceX, X (formerly Twitter), and xAI.

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