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Cathie Wood says we're going through 'soul-searching'

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Chatterbox Moo wrote a column · Dec 10, 2021 01:04
Cathie Wood says the Ark Invest is "going through soul-searching"as its growth-focused funds fall out of favor amid expectations of tighter Federal Reserve policy.
- $ARK Innovation ETF(ARKK.US)$ has dropped more than 20% in 2021.
- And in the same period, $S&P 500 Index(.SPX.US)$ climbed more than 20%.
Cathie Wood says we're going through 'soul-searching'
Wood says her funds are sticking to their plans even after the rough stretch, and that their models forecast big returns in the next half decade.
Source: bloomberg
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