They're Trying To Kill Every Asset Now | Cathie Wood

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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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Is it just me or did she farted around 1.43 min in 😅😅😅

szopen

This is all due to QE.That’s what’s caused the sharp inflation which in turn caused the rate hikes.Bad news is rates are still nowhere near high enough to bring inflation down.They need to be in the double digits.

garywalls