BlockBeats news, November 9 - Ark Invest CEO Cathie Wood said in an interview with CNBC that she remains optimistic about the market outlook. "I always feel more reassured when the market is worried, because that usually means the bull market is more sustainable. I don't think this bull market has derailed yet."
Cathie Wood expects the U.S. stock market rally to continue through 2027, with the development of new technologies such as AI agents and robotaxis further driving the market. However, she also acknowledged that rising financing costs are becoming a significant risk for tech stocks.
Cathie Wood stated that current market sentiment is markedly different from the tech and telecom industry bubbles of the 1980s and 1990s. At that time, investors generally believed tech stocks would continue to rise and lacked sufficient vigilance against potential risks. As for whether the current bull market is nearing its end, Cathie Wood made clear that she does not think so. "I think we are in the midst of a technological revolution."
