Cathie Wood: Truflation data shows inflation has dropped to 0.86%, and the US dollar may resurface with a strong upward trend.

Odaily Planet Daily reports that ARK Invest founder Cathie Wood stated that, according to Truflation data, the US consumer price inflation has fallen to 0.86% year-on-year, significantly below the 2%—3% range maintained over the past two years. She believes there is a possibility that inflation could further decline or even turn negative, a view that differs from the predictions of BlackRock and PIMCO.

Cathie Wood also pointed out that although the US dollar index (DXY) has recently pulled back, there has been no crash. If the policies of the current government enhance the US’s capital return on investment (ROIC) relative to other regions globally, the dollar could once again experience a strong rally similar to the “Reaganomics” period of the 1980s.