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Today, March 23, 2023, the Youtube channel Only The SAVVY has published a new content with the title They're Trying To Kill Every Asset Now | Cathie Wood. If you want to watch this video in streaming, you have come to the right place!
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For your information, you can find below the description of the video They're Trying To Kill Every Asset Now | Cathie Wood published by the Youtube channel Only The SAVVY:
For the past year, Cathie Wood hasn’t held any punches with criticizing the Fed. Her flagship ARKK Fund dropped from approximately $156 per share in 2021 to a dismal $30 per in 2023, taking her down from the darling of wall street to being the butt of many jokes. While Cathie didn’t outright blame the fed for her fund’s woeful performance, she definitely pointed the finger insinuating that their historical rate hikes had a tremendous effect on her and many pundits and analysts thought Cathie was just crying foul but now the tables of turned and Cathie’s cry for the Fed’s aggressive rates have affected the banking system. In an interview with Bloomberg Television, Cathie gave her take on the current banking crisis. Cathie pointed to two major things that occurred that we haven’t experienced in a long time; one the run on the bank. And two, the 19 fold interest rates. Despite the current situation, Cathie has stayed strong on her same message that innovation solves problems and with the banking crisis, Cathie believes the same applies.
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To watch the full interview:
https://www.youtube.com/watch?v=uzy-KAIgAx8&t=840s
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