Ark Invest's Cathie Wood called out the Federal Reserve again Wednesday, saying the central bank is making a policy mistake by aggressive rate hikes as deflation looms. The innovation investor pointed to the so-called yield-curve inversion. The yield curve inverts when shorter-term Treasury rates rise above longer-term yields. Many economists view the 2-year 10-year part of the yield curve as more predictive of a potential recession.
"Typically, an inverted yield curve is pointing to a recession and/or lower than expected inflation than expected," Wood said. "In our view, deflation is a much bigger risk than inflation. Commodity prices and massive retail discounts are corroborating this point of view.
She’s right on this one
Cathie Wood is still around ? She is a disaster. Her ETFs were poorly timed and at 52 week lows .Stay away
She should be buying $CVNA hahaha
She is making a mistake by buying crappy stocks. The majority of her portfolio are good for QE and horrible for QT. There is no pivot coming unless there is a financial collapse which isn't good anyway! How can such a donkey handle so much money?
Her 15 minutes are about up.
She should buy more Buttcoin.
Cathie Wood = BOZO
You think the fed knows that it's doing?
If I could and would sell everything move to one of the BRICS Plus Country like India or Mexico, Or basically anywhere but the West,
Her last name is Wood. Let that sink in.
she has made some serious mistakes
The bond market has been flashing danger signals all year yet the economy remains robust. Fed predictions for 4Q are 3%+ annualized growth. Stores are packed. Hiring is still robust.
Nothing to do with her ETFs.
I don’t think we have the capacity to withstand those levels in todays society. With lower rates peoples budgets were already maxed. Once that balance shifts and consumer spending halts right off the cliff we go. We are max leveraged consumer through government.
Nobody cares. Stop pushing fear narrative. Thanks.