Cathie Wood says the exodus from expensive cities will keep a lid on inflation
Cathie Wood shot to fame in 2020 on the back of winning tech bets.
Brendan McDermid/Reuters
Cathie Wood has said the exodus from expensive cities during COVID should help hold down inflation.
Wood reckons strong inflation will be transitory, and has said she expects commodities to cool next year.
Her company, Ark Invest, is moving to St. Petersburg, Florida in November, from New York.
Superstar investor Cathie Wood has put forward one reason why strong inflation might not last: people are fleei
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