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Cathie Wood's 2026 outlook: an upgraded version of 'Reaganomics,' continued 'golden age' for U.S. stocks, and a strong dollar suppressing gold.
In her letter to investors, Cathie Wood stated that the nominal GDP growth rate of the United States is expected to remain in the range of 6% to 8% in the coming years. With the convergence of deregulation, tax cuts, sound monetary policies, and innovative technologies, the US stock market is poised to enter another 'golden era.' She predicted that the relative advantage of investment returns in the United States would drive a significant rise in the dollar exchange rate, replicating the scenario in the 1980s when the dollar nearly doubled. She also warned that the strengthening of the dollar would suppress gold prices.
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