Ark's Cathie Wood Says U.S. Set Up for 'Massive' Deflation

The video discusses inflation and market volatility, highlighting the influence of Art Laffer. It examines consumer behavior during COVID-19, noting increased spending on goods. The speaker predicts deflation due to order cancellations and technological innovation, which will disrupt traditional companies. Technological advances like AI and DNA sequencing are seen as deflationary forces, while companies not investing in innovation may face challenges.

What factors contributed to the volatility in the markets according to the speaker?

How did consumer behavior change during the pandemic according to the text?

What were the main concerns businesses had before the coronavirus pandemic?

Explain the concept of 'good deflation' as mentioned in the text.

What are the potential consequences for companies that do not invest in innovation?