Ark Invests January Market update Webinar Highlights:

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1. Economy- Cathy sees explosive ER for 2021 bc lower inflationary risks & higher commodity prices - in 2019 $140 eps for S & P; 2021 should be $200 eps- make up for lost time (confirms V shaped recovery)

#arkk #investing Here's the link for the webinar: please listen carefully ASAP. It's chalk full of great info: https://ark-invest.com/webinars/january-21-market-update-webinar/?utm_content=151683601&utm_medium=social&utm_source=twitter&hss_channel=tw-2398137084

2. Cathy- valuations may go down as interest rates go up but eventually the market will understand higher interest rates mean the market is starting to work again

#Biden #stocks

3. Fiscal policy- Cathy said Dem sweep is fine, but the laws passed will be bipartisan bc US govt is seen as dysfunctional and politicians want to keep a good image. 3 bipartisan platforms- infrastructure, healthcare - generics and break through therapies will be approved faster

Cathy mentioned Biden's son's fight with cancer, so expect to see the genomic cancer sector a hot topic for the president. He has already confirmed that he wants to end Cancer during his presidency. I would look at $unh and $surf.

#Genomics #arkg

Clean Energy is the 3rd bipartisan platform- Cathy says this sector is low enough on the cost curve to start going to the mainstream.
4. We may see higher foreign taxes for global corporate companies

#tax #investing

5. monetary policy- huge M2 25%. Cathy advises to do your own dd as headlines often do not depict the whole story. She says in order to invest, you need to understand the investor environment (economy) first.

- We could see double digits for the GDP a few Qs this year. Manufacturing will race to keep up with pent up demand.
- With huge stimulus: if money goes into assets, we won't see inflation. If money goes to large commodities, there may be high inflation (not likely)

#Inflation

6. Equity market - we have entered a new, stronger bull market
- this market is broadening, so it's not a bubble (where the market narrows)
- some companies over-leveraged because of the pandemic- buyback shares too high, unsustainable dividends, no R & D into innovation

@sbarnettARK 7. liquid biopsies enable multi-cancer early detection & could prevent more deaths from cancer than anything else in history
- all cancer starts local, small, & treatable, but quickly metastasizes
- over a 5 year span, over 55% of metastic cancer patients die

- When detected early, the chances of death are exponentially lower, so need to detect ASAP.
- 2015- liquid biopsy costs $30,000 per test, but with tech (like deep learning), 2021- $1,000-$1,500 per test, 2025- $250 per test: huge market opportunity

#biotech #Cancer

@yassineARK 8. Bitcoin $btc - the last break out was huge bc it was from long term institutions, unlike 2017 & 2015. He thinks this one will last
- #bitcoin provides real time financial statements with Blockchain
- active managers- can find buy/sell signals from Block chain data

- Ark invest has created a valuation method for bitcoin for potential investors
- While $btc is secure, transparent, & stores/transfers value globally, it is focused on decentralization & security. $eth is like #bitcoins but has added features & can build finances on top

Bitcoin's break through regulation: all public blockchains/stable coins can be settlement networks to help traditional banks streamline processing, validation, and settlement.
- Cryptocurrencies cannot inflate, & cannot be censored
- $sq #SQUARE sees Bitcoin as a great complement

https://ark-invest.com/webinars/january-21-market-update-webinar/?utm_content=151683601&utm_medium=social&utm_source=twitter&hss_channel=tw-2398137084

@sbarnettARK 9. optical mapping- sequencing & mapping are complements
- @bionanogenomics - Saphyr has a good opportunity bc makes a difficult process much simpler
- ability to detect large variants will probably come from $googl deep variant, not extension & read variant length

10. hi-fi sequencing- provides single most comprehensive method for variant detection across all types and should be standard, like whole genomic sequencing
- if costs and through puts improve, could see by 2025 $5B in revenue

#biotech #Genomics

@skorusARK 11. $qs and $aapl won't scale with their batteries for the next 3-4 years, and he sees $qs as more of an aerial battery. $tsla is expected to produce 100 gigawatt hours annually.

12. Charging stations $sbe v. battery swap - $nio does both, but he says many challenges with battery swap including needed on hand batteries for ea EV. Charging stations are also more convenient.

#ev #Tesla #sbe

@TashaARK 13. $tsla look out for
- taxi service before robotaxis to collect data in 2021
- AI day 2021
- scale

Many auto companies won't be able to make Evs in time. #Tesla has over 20B real world miles driven v. its top competitor $googl which has 25M

#ev #autonomousdriving

14. 3D Printing - used during COVID to make healthcare equipment fast
- will be used in the long term for simple supply chain, in house manufacturing, low cost, and faster protypes
- great for aerospace, drones, and Evs
- $ddd and $ssys - leaders in 3D printing

#3Dprinting

@GrousARK 15. Online gaming- 175B total spend, 75% from in game purchase free-to-play games
- people are used to betting and online gaming has become more social, so betting in online games will skyrocket in 5 years, from 75% to 95%
- $130B in house purchases to $350B 2026

16. AR/VR - cautiously optimistic, we've seen the hype but nothing happened
- video games - make experience more interactive, sees AR/VR mostly in this sector
- 2022 AR glasses could be huge
- could be in social sector- $Fb experimenting a lot with Occulus

#VR

@mfriedrichARK 17. Fintech - more ecommerce means more online payments $shop $sq $meli
- huge growth opportunity in digitalizing Real Estate - virtual tours and closing transactions $z
- huge growth in financial apps

#Zillow #fintech

18. Lending Club has a huge growth opportunity aquiring Radius Book because they receive millions of applications but can only approve a few. This will provide a second product for their clients who are not approved
- Lending Club solely works with private companies now\\

19. @ARKInvest Cathy sees innovation could disrupt a lot of companies. Companies will not be disrupted from depression or deflation.
- Innovation if better, faster, stronger makes lives better, and that's the direction we want to head.

#innovation

20. There will be no equity bubble until fixed income has significant outflow. Currently fixed income- consistent INFLOW since 2018 at $900B v. OUTFLOWS at $300B for equity. The new generation is moving from fixed income to equities, Real Estate, & Bitcoin.

#investing

Please listen and take notes on @ARKInvest January update and sign up for their mailing list. #ARK