Tech Investment Guru Cathie Wood: We're Already In A Recession

When you think about the last and you think about your approach, what is the lesson in it? I know you have a north star about stocks you’re talking about, but at some level you have to look around, and I think your investors would want you to look around and say, “Okay, I was wrong.

What was I wrong about? If I was wrong, how am I going to change my approach in the future?”We were wrong on one thing and that was inflation being as sustained as it has been. For the supply chain, I can’t believe it’s taken two years and Russia’s invasion of Ukraine, which of course we couldn’t have seen that. Inflation has been a big problem.We think we’re in a recession and we think a big problem out there is inventories… the increase of which I’ve never seen this large in my career.

We are but she is saying just because she desperately needs a excuse for her incompetence

First time she's been right about anything in about a year.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Booming U.K. Film, TV Industry Should Invest 1 Percent of Production Spend on Training to Address “Critical” Crew Shortage, Urges BFIAccording to the British Film Institute's new Skills Review, an already overstretched sector will need an additional 20,770 full-time employees by 2025, and recommends a 'workplace reset' to urgently address negative working practices and cultures.
Source: THR - 🏆 411. / 53 Read more »