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A comparison of yields in 2007 and 2026: housing speculation versus capital spending
Cathie Wood argues that yields in 2007 responded to housing speculation, while yields in September 2026 responded to capital spending with a large “multiplier.”
TLDR
In a September 30 post, Cathie Wood argued that 2007 yields responded to speculation in housing, which she called a non-productive asset. She contrasted that with yields responding to capital spending in 2026, and claimed revenues at OpenAI and Anthropic had soared three- to eightfold over the previous six to nine months.
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