Kathy Wood predicts that a global tax cut, disguised as a trade deal due to US election pressure, will follow tariff escalation, leading to an explosive rally in innovation-led sectors, particularly AI.
"She believes the tariff escalation might end in a surprise, a global tax cut disguised as a trade deal, especially as political pressure builds ahead of the US election. If that happens, she predicts an explosive rally in innovation-led sectors, especially artificial intelligence."