There’a growing sense of unease emanating from equity markets in recent trade, despite, and perhaps because, of the Dow Jones Industrial Average and the S&P 500 index trading near record heights.
Her comments coming amid intensifying worries about a possible slowdown in economic growth as the delta variant of COVID-19 gathers momentum, creating headwinds for a fuller recovery from the pandemic that has gripped the globe for well over a year. Ark Innovation ETF ARKK, +1.71% is down 3.8% so far this week and has lost 7.3% in the year to date, badly underperforming the broader market and coming after the fund rang up one-year return of 149%, FactSet data show.
Is what she said matter?
Denial is always first.
Hope so since what Burry is predicting is nothing short of economic meltdown
She is long in the tooth.
Actually, the only reason we haven't seen a crash yet is because the feds keep buying back securities, causing the interest rates to decline. The moment they stop, it'll cause one of the biggest stagflations we've ever seen. High interest rates and inflation at the same time.
Is it hyper inflation ?
So she's an idiot? Interesting. 🤔
She also slagged Michael Burry who is 90 billion times smarter than she'll ever be.
She’s full of it!
Footage of Cathie Wood.
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Source: CNBC - 🏆 12. / 72 Read more »
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