Cathie Wood: "The Fed Is Making A Big Mistake"

Cathie Wood: "The Fed Is Making A Big Mistake"

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Cathie Wood: "The Fed Is Making A Big Mistake"

CEO and CIO of Ark Invest, Cathie Wood, gave her monthly hour-long ‘In The Know’. Cathie started off by admitting that it’s been a very challenging month for everyone and Ark has not been immune to the worldwide financial crisis occurring. ARK Innovation fund dropped nearly 9%, which is its fourth-worst performance in its history stretching back to 2014. The three greater declines all came during March 2020 as the first economic restrictions in the U.S. during the coronavirus pandemic were rolled out. Despite this, Cathie confirmed that the inflows for Ark Invest are positive. Bloomberg.com reported that an influx of $366.7 million came into the Fund this week. Cathie updated her audience on what’s happening in the markets, specifically taking a look at economic indicators and market signals.
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THIS INTERVIEW WAS POSTED ON MAY 6, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
Noise, Nuance, & Numbers | ITK with Cathie Wood
https://www.youtube.com/watch?v=f982AuHl4YU
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound

🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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