Trump’s $100K visa move ‘threw a lot of people, including us,’ Cathie Wood says. She’s still wildly optimistic about the American economy

Star investor Cathie Wood acknowledged that the Trump administration’s abrupt announcement of a high-priced fee for H-1B visas was a shock, stating, “The suddenness, the Friday announcement and the lack of clarity threw a lot of people, including us.” However, the ARK Invest CEO explained in a recent interview with Bloomberg, the controversial policy is not a long-term deterrent to attracting global talent, but a temporary and aggressive negotiating tactic aimed primarily at India.

Wood...