Cathie Wood Makes Another Bold Declaration That Has Wall Street Talking

Published by
The Street

By Jeffrey Quiggle After a tumultuous 2022, Ark Investment Management is off to a strong start in 2023. Ark Investment Management’s chief executive Cathie Wood is upbeat about her strategy of investing in young technology companies. After her exchange-traded funds dropped 60% to 80% last year from highs in 2021, Woods talked about the current stock market environment in a year-end commentary Dec. 29, 2022. “We’re getting a lot of deflationary signals, but the Fed isn’t buying in yet,” Wood said, referring to the Federal Reserve’s continuing interest-rate increases. “But the bond market will st…

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