UPDATE: Wood Says Portfolios Will Triple Over 5 Years if Research is Correct

May 19, 2021 10:40 AM EDT

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(Updated - May 19, 2021 10:57 AM EDT)

(Updated - May 19, 2021 10:50 AM EDT)

(Updated - May 19, 2021 10:48 AM EDT)

(Updated - May 19, 2021 10:42 AM EDT)

Cathie Wood Still Thinks Bitcoin Goes to $500,000, Says Environmental Concerns Around Bitcoin Have Changed

  • Bitcoin on Sale after Rout, Not Necessarily at Bottom
  • Could be Capitulation Phase
  • Bitcoin Correction Improves Odds for Crypto ETF Approval
  • China to Favor Local Electric Vehicle Makers Over Tesla (NASDAQ: TSLA)
  • Seeing Big Export Market from China to Europe for Tesla (NASDAQ: TSLA)
  • Wood Sees Massive Period of Deflation
  • Commodity Prices Went to Far to Fast
  • Double and Triple Orders Will be Canceled After Businesses Scrambled for Goods
  • Technology Improvements Will Contribute to Deflation
  • Flows Are Not a Problem, 5-Year Price Target Hasn't Changed
  • Bull Market Has Broadened
  • Innovation is on Sale
  • Wood Says Portfolios Will Triple Over 5 Years if Research is Correct


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